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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alton at 229 Frank C. Gilman Highway, Alton, NH, 03809 at $539,000 posts ROI 20.54% with $70/mo cash flow from $3,683/mo rent. Total monthly income equals $3,683/mo, and annual cash flow records $844/yr on $177,331 to close. Return on cash invested measures 20.54% and rental yield reads 8.2% at the current $539,000. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 by year five. Five-year ROI prints 106.86% and total cumulative return in cash totals $189,492.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,683/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03809, Alton, NH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,271 (65.9%) |
| Renter Occupied HU | 200 (10.4%) |
| Vacant Housing Units | 458 (23.7%) |
| Median Home Value | $422,774 |
| Average Home Value | $510,926 |
Residential
1,327
Single Family
1,301
Multi-Family
26
Businesses
161
Date | Event | Price |
|---|---|---|
| 2025-09-09 | Price change | $539,000 |
| 2025-09-03 | Listed for sale | $545,000 |
| 2017-08-15 | Sold | $238,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $3424.00 | 15.91% | $259,800 | N/A |
| 2022-09-14 | $2954.00 | -1.40% | $259,800 | 20.95% |
| 2021-09-14 | $2996.00 | N/A | $214,800 | N/A |
Listed by: Jennifer Azzara • Maxfield Real Estate/ Alton
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5059389
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-09-14 13:18:57 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.
