20 Old West Side RoadNorth ConwayNH03860
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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 North Conway at 20 Old West Side Road, North Conway, NH, 03860 priced at $450,000 converts $2,758/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,758/mo. Return on cash invested prints 17.83% in year one, and rental yield reads 7.35% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 92.38% and total cumulative return in cash sums $137,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,758/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1935
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03860, North Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,362 (100%) |
| Owner Occupied HU | 1,316 (39.1%) |
| Renter Occupied HU | 724 (21.5%) |
| Vacant Housing Units | 1,322 (39.3%) |
| Median Home Value | $347,887 |
| Average Home Value | $399,662 |
Housing Distribution
Address Breakdown
Residential
1,160
Single Family
770
Multi-Family
390
Businesses
482
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Listed by: David Grant • North Conway Realty
Mls Name: PrimeMLS
Mls ID: #5061886