24 Parker Street, Laconia, NH, 03246 | $812/mo Cash Flow

For Sale

Fix & Flip

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 24 Parker Street, Laconia, NH, 03246 priced at $349,999 converts $3,158/mo rent into $812/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,158/mo, and annual cash flow totals $9,745/yr on $116,025 invested. Return on cash invested prints 28.31% in year one, and rental yield reads 10.83% against a $349,999 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,698 by year five. Five-year ROI reaches 148.59% and total cumulative return in cash sums $172,406. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,158/mo property income covering a $1,713/mo payment, not borrower’s personal income.

Single Family

Built in 1900

2,178 sqft lot

$N/A/sqft

No HOA