293 Thompson RoadNorth ConwayNH03860
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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 North Conway at 293 Thompson Road, North Conway, NH, 03860 generates $5,400/mo in rent and, after a $2,589/mo payment, leaves $1,854/mo in cash flow. Total monthly income is $5,400/mo, and annual cash flow is $22,253/yr on $174,041 invested. Return on cash invested sits at 32.85% in year one, and rental yield is 12.25% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 172.88% and total cumulative return in cash sums $300,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,400/mo property income rather than buyer’s personal income.
Multi Family
Built in 1980
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03860, North Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,362 (100%) |
| Owner Occupied HU | 1,316 (39.1%) |
| Renter Occupied HU | 724 (21.5%) |
| Vacant Housing Units | 1,322 (39.3%) |
| Median Home Value | $347,887 |
| Average Home Value | $399,662 |
Housing Distribution
Address Breakdown
Residential
1,160
Single Family
770
Multi-Family
390
Businesses
482
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Listed by: Kimberly Clarke • KW Coastal and Lakes & Mountains Realty/N Conway
Mls Name: PrimeMLS
Mls ID: #5039516