43 Lamplighter 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 43 Lamplighter Drive, Conway, NH, 03818 priced at $119,000 converts $937/mo rent into $140/mo cash flow after a $582/mo obligation. Total monthly income equals $937/mo, and annual cash flow totals $1,678/yr on $39,449 invested. Return on cash invested prints 24.16% in year one, and rental yield reads 9.45% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 126.34% and total cumulative return in cash sums $49,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $937/mo property income covering a $582/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
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: Jennifer McPherson • Pinkham Real Estate
Mls Name: PrimeMLS
Mls ID: #5075730