29 Concord LaneWakefieldNH03872
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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 Wakefield at 29 Concord Lane, Wakefield, NH, 03872 priced at $389,500 pairs $3,386/mo rent with $776/mo cash flow after a $1,906/mo payment. Total monthly income equals $3,386/mo, and annual cash flow comes to $9,308/yr on $129,119 invested. Return on cash invested is 27.12% in year one, and rental yield stands at 10.43% on a $389,500 basis. Equity gained on principal adds $2,513/yr, and 5% annual appreciation accumulates to $107,612 by year five. Five-year ROI measures 142.18% and total cumulative return in cash reaches $183,583. For financing, Ziffy Mortgage’s DSCR program evaluates $3,386/mo property income against a $1,906/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03872, Sanbornville, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,588 (100%) |
| Owner Occupied HU | 1,568 (60.6%) |
| Renter Occupied HU | 212 ( 8.2%) |
| Vacant Housing Units | 808 (31.2%) |
| Median Home Value | $332,817 |
| Average Home Value | $379,471 |
Housing Distribution
Address Breakdown
Residential
1,634
Single Family
1,593
Multi-Family
41
Businesses
99
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Listed by: Michael Dower • Hayes Real Estate
Mls Name: PrimeMLS
Mls ID: #5071241