243 Bank St ExtensionLebanonNH03766
Nearby investment properties with comparable rents
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
Rental property for sale in Lebanon at 243 Bank St Extension, Lebanon, NH, 03766 generates $2,425/mo in rent and, after a $1,664/mo payment, leaves $146/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $1,756/yr on $112,677 invested. Return on cash invested sits at 21.47% in year one, and rental yield is 8.56% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 111.91% and total cumulative return in cash sums $126,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03766, Lebanon, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,356 (100%) |
| Owner Occupied HU | 2,293 (42.8%) |
| Renter Occupied HU | 2,748 (51.3%) |
| Vacant Housing Units | 315 ( 5.9%) |
| Median Home Value | $457,636 |
| Average Home Value | $565,107 |
Housing Distribution
Address Breakdown
Residential
5,358
Single Family
3,804
Multi-Family
1,554
Businesses
639
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Listed by: Arden Bilc • Realty One Group Next Level
Mls Name: PrimeMLS
Mls ID: #5072900