2 Wallace LaneMont VernonNH03057
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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
Rental property for sale in Mont Vernon at 2 Wallace Lane, Mont Vernon, NH, 03057 priced at $734,000 pairs $4,824/mo rent with after a $3,593/mo payment. Total monthly income equals $4,824/mo. Return on cash invested is 19.58% in year one, and rental yield stands at 7.89% on a $734,000 basis. Equity gained on principal adds $4,736/yr, and 5% annual appreciation accumulates to $202,791 by year five. Five-year ROI measures 101.73% and total cumulative return in cash reaches $245,674. For financing, Ziffy Mortgage’s DSCR program evaluates $4,824/mo property income against a $3,593/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
6.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03057, Mont Vernon, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 938 (92.0%) |
| Renter Occupied HU | 55 ( 5.4%) |
| Vacant Housing Units | 27 ( 2.6%) |
| Median Home Value | $586,500 |
| Average Home Value | $600,011 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
922
Multi-Family
0
Businesses
44
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Listed by: David E Hall • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5063219