405 Meriden RdLebanonNH03766
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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 Lebanon at 405 Meriden Rd, Lebanon, NH, 03766 priced at $429,000 pairs $3,197/mo rent with $321/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,197/mo, and annual cash flow comes to $3,855/yr on $142,214 invested. Return on cash invested is 22.62% in year one, and rental yield stands at 8.94% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 118.08% and total cumulative return in cash reaches $167,929. For financing, Ziffy Mortgage’s DSCR program evaluates $3,197/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03766, Lebanon, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,356 (100%) |
| Owner Occupied HU | 2,293 (42.8%) |
| Renter Occupied HU | 2,748 (51.3%) |
| Vacant Housing Units | 315 ( 5.9%) |
| Median Home Value | $457,636 |
| Average Home Value | $565,107 |
Housing Distribution
Address Breakdown
Residential
5,358
Single Family
3,804
Multi-Family
1,554
Businesses
639
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Listed by: N/A • N/A
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