2318 West Side RoadNorth ConwayNH03860
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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
Investment Highlights
Investment property for sale in North Conway at 2318 West Side Road, North Conway, NH, 03860 offers a 3.64% rental yield on a $950,000 purchase with $2,880/mo rent. 67% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 32.5% and total cumulative return in cash at $101,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
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: Janet McMahon • 603 Redstone Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5053577