2 Wallace LaneMont VernonNH03057
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder2 Wallace Lane, Mont Vernon, NH, 03057 in Mont Vernon is a stable, well-positioned rental at $734,000. Rental yield 7.89%. DSCR 1.46 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $202,791 in value and $6,760/yr in principal paydown builds equity, a total projected return of $273,774.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $(96) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,824 |
| Total Monthly Debt Service | $4,628 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David E Hall • EXP Realty
Mls Name: PrimeMLS
Mls ID: #5063219