33 South Main Street,Laconia,NH,03246

Investment Highlights

Rental property for sale in Laconia at 33 South Main Street, Laconia, NH, 03246 offers $2,820/mo rent that, after a $1,615/mo payment, leaves $608/mo cash flow. Total monthly income is $2,820/mo, and annual cash flow is $7,301/yr on $109,362 cash. Return on cash invested measures 26.59% in year one, and rental yield stands at 10.26% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 139.35% and total cumulative return in cash reaches $152,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.