38 Sparrow Lane, Laconia, NH, 03246 | 7.72% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2294 sft

84 Anchorage Road, New Hampton, NH, 03256

3 Bed
2 Bath
2616 sft

34 North Shore Road, Hebron, NH, 03241

2 Bed
2 Bath
1764 sft

5 Wildwood Lane, Wolfeboro, NH, 03894

2 Bed
2 Bath
1120 sft

150 Minge Cove Road, Alton Bay, NH, 03810

Nearby investment properties with comparable prices

3 Bed
2 Bath
1401 sft

300 Daniel Webster Highway, Boscawen, NH, 03303

2 Bed
2 Bath
1823 sft

134 North Wolfeboro Road, Wolfeboro, NH, 03894

3 Bed
3 Bath
1396 sft

136 Summit Drive, Campton, NH, 03223

Investment Property+ 2 more

5 Bed
2 Bath
2100 sft

41 Glendale Place #13 A & B, Gilford, NH, 03249

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Laconia at 38 Sparrow Lane, Laconia, NH, 03246 generates $3,859/mo in rent, after a $2,936/mo payment. Total monthly income is $3,859/mo. Return on cash invested sits at 19.08% in year one, and rental yield is 7.72% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 99.04% and total cumulative return in cash sums $195,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,859/mo property income rather than buyer’s personal income.

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA