26 Otterville RoadNew LondonNH03257
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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 New London at 26 Otterville Road, New London, NH, 03257 generates $1,440/mo in rent, after a $3,911/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 2.18% in year one, and rental yield is 2.16% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 8.45% and total cumulative return in cash sums $22,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03257, New London, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,648 (66.0%) |
| Renter Occupied HU | 305 (12.2%) |
| Vacant Housing Units | 545 (21.8%) |
| Median Home Value | $612,969 |
| Average Home Value | $701,499 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,078
Multi-Family
233
Businesses
288
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Listed by: Doug Peel • Four Seasons Sotheby's Int'l Realty
Mls Name: PrimeMLS
Mls ID: #5060685