288 Sterling DriveLaconiaNH03249
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 288 Sterling Drive, Laconia, NH, 03249 in Laconia at $789,000. Rental yield 6.21%. The 6.21% yield and 1.15 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $217,986 by year five, and $7,267/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $223,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 5.5% |
| Monthly Cash Flow | $(1,209) | $420 |
City averages based on Laconia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,080 |
| Total Monthly Debt Service | $4,975 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan C Bradley • Coldwell Banker Realty Gilford NH
Mls Name: PrimeMLS
Mls ID: #5058791