32 Homan LaneNew LondonNH03257
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
Investment Highlights
Investment property for sale in New London at 32 Homan Lane, New London, NH, 03257 earns $83/mo cash flow from $2,060/mo rent with a $1,444/mo payment. Total monthly income totals $2,060/mo, and annual cash flow totals $990/yr on $97,793 capital. ROI tracks 20.92% on current figures, and rental yield reads 8.38% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash sums $106,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,060/mo property income instead of your personal income.
Single Family
Built in 1970
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03257, New London, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,498 (100%) |
| Owner Occupied HU | 1,648 (66.0%) |
| Renter Occupied HU | 305 (12.2%) |
| Vacant Housing Units | 545 (21.8%) |
| Median Home Value | $612,969 |
| Average Home Value | $701,499 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,078
Multi-Family
233
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margaret Weathers • Four Seasons Sotheby's Int'l Realty
Mls Name: PrimeMLS
Mls ID: #5058321