288 Sterling DriveLaconiaNH03249
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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 Laconia at 288 Sterling Drive, Laconia, NH, 03249 generates $4,080/mo in rent, after a $3,862/mo payment. Total monthly income is $4,080/mo. Return on cash invested sits at 14.47% in year one, and rental yield is 6.21% on a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 74.35% and total cumulative return in cash sums $192,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03249, Gilford, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,332 (100%) |
| Owner Occupied HU | 2,986 (56.0%) |
| Renter Occupied HU | 481 ( 9.0%) |
| Vacant Housing Units | 1,865 (35.0%) |
| Median Home Value | $503,493 |
| Average Home Value | $620,114 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,104
Multi-Family
282
Businesses
284
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Listed by: Susan C Bradley • Coldwell Banker Realty Gilford NH
Mls Name: PrimeMLS
Mls ID: #5058791