357 Lamplighters DriveConwayNH03818
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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 Conway at 357 Lamplighters Drive, Conway, NH, 03818 generates $1,375/mo in rent and, after a $881/mo payment, leaves $169/mo in cash flow. Total monthly income is $1,375/mo, and annual cash flow is $2,024/yr on $59,637 invested. Return on cash invested sits at 23.3% in year one, and rental yield is 9.17% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash sums $72,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03818, Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,359 (54.8%) |
| Renter Occupied HU | 513 (20.7%) |
| Vacant Housing Units | 607 (24.5%) |
| Median Home Value | $276,894 |
| Average Home Value | $288,826 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
990
Multi-Family
96
Businesses
304
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Listed by: Stacy Sand • KW Coastal and Lakes & Mountains Realty/N Conway
Mls Name: PrimeMLS
Mls ID: #5067760