48 Cooper Memorial Drive #413LincolnNH03251
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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
Investment property for sale in Lincoln at 48 Cooper Memorial Drive #413, Lincoln, NH, 03251 offers a 9.74% rental yield on a $419,000 purchase with $3,400/mo rent. Total monthly income registers $3,400/mo, and a $2,051/mo payment leaves $591/mo available for distribution. Annual cash flow reaches $7,096/yr on $138,899 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 130.93% and total cumulative return in cash at $181,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,400/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03251, Lincoln, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,823 (100%) |
| Owner Occupied HU | 580 (20.5%) |
| Renter Occupied HU | 235 ( 8.3%) |
| Vacant Housing Units | 2,008 (71.1%) |
| Median Home Value | $461,674 |
| Average Home Value | $552,457 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
267
Multi-Family
70
Businesses
152
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Listed by: R.Stephen Loynd • South Peak Real Estate
Mls Name: PrimeMLS
Mls ID: #5048540