18 Spring RoadAlbanyNH03818
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Albany at 18 Spring Road, Albany, NH, 03818 uses $109,064 cash to close to unlock $8,821/yr annual cash flow and $735/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,610/mo payment keeps the spread at $735/mo. Purchase price stands at $329,000, and rental yield measures 10.72% with $2,940/mo rent. Return on cash invested shows 28% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 146.93% and total cumulative return in cash records $160,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03818, Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,359 (54.8%) |
| Renter Occupied HU | 513 (20.7%) |
| Vacant Housing Units | 607 (24.5%) |
| Median Home Value | $276,894 |
| Average Home Value | $288,826 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
990
Multi-Family
96
Businesses
304
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Listed by: Julie Chin • KW Coastal and Lakes & Mountains Realty/N Conway
Mls Name: PrimeMLS
Mls ID: #5050132