20 Shane Way #4, Laconia, NH, 03246 | 7.13% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Laconia at 20 Shane Way #4, Laconia, NH, 03246 generates $2,242/mo in rent, after a $1,848/mo payment. Total monthly income is $2,242/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 7.13% on a $377,500 entry. Equity gained on principal adds $2,436/yr, while 5% annual appreciation builds toward $104,296 over five years. Five-year ROI reaches 88.7% and total cumulative return in cash sums $110,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,242/mo property income rather than buyer’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

No HOA