241 Mount Major HighwayAlton BayNH03810
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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 Alton Bay at 241 Mount Major Highway, Alton Bay, NH, 03810 offers $2,704/mo rent that, after a $3,421/mo payment. Total monthly income is $2,704/mo. Return on cash invested measures 9.72% in year one, and rental yield stands at 4.64% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 48.86% and total cumulative return in cash reaches $112,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03810, Alton Bay, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,403 (100%) |
| Owner Occupied HU | 863 (35.9%) |
| Renter Occupied HU | 211 ( 8.8%) |
| Vacant Housing Units | 1,329 (55.3%) |
| Median Home Value | $612,952 |
| Average Home Value | $698,473 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
29
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Listed by: Robert DeRosa • Keller Williams Gateway Realty/Salem
Mls Name: PrimeMLS
Mls ID: #5065861