353 Shore Drive, Laconia, NH, 03246 | 3.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Laconia at 353 Shore Drive, Laconia, NH, 03246 offers $2,629/mo rent that, after a $3,911/mo payment. Total monthly income is $2,629/mo. Return on cash invested measures 7.61% in year one, and rental yield stands at 3.95% at a $799,000 entry. Equity gained on principal adds $5,156/yr while 5% annual appreciation compounds into $220,749 by year five. Five-year ROI records 37.56% and total cumulative return in cash reaches $98,730. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,629/mo property income versus a $3,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.54 Acres lot

$N/A/sqft

No HOA