29 Edge O Lake DriveMirror LakeNH03853
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 29 Edge O Lake Drive, Mirror Lake, NH, 03853 in Mirror Lake is capital appreciation. Rental yield 5.49%. The 5.49% gross yield at $565,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $156,099 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.02) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $132,287.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.2% |
| Monthly Cash Flow | $(1,300) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,587 |
| Total Monthly Debt Service | $3,662 |
| DSCR Ratio | 0.71x |
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.
Condo
Built in 2002
5,663 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03853, Mirror Lake, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 360 (28.2%) |
| Renter Occupied HU | 42 ( 3.3%) |
| Vacant Housing Units | 874 (68.5%) |
| Median Home Value | $438,636 |
| Average Home Value | $650,368 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
24
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
Condo
Built in 2002
5,663 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03853, Mirror Lake, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,276 (100%) |
| Owner Occupied HU | 360 (28.2%) |
| Renter Occupied HU | 42 ( 3.3%) |
| Vacant Housing Units | 874 (68.5%) |
| Median Home Value | $438,636 |
| Average Home Value | $650,368 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Dow • KW Coastal and Lakes & Mountains Realty/Wolfeboro
Mls Name: PrimeMLS
Mls Provider:
Mls ID: #5042279
Disclaimer: Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-06-01 13:49:12 PDT. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.