48 Manchester DriveLebanonNH03766
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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 Lebanon at 48 Manchester Drive, Lebanon, NH, 03766 with 5% annual appreciation on a $550,000 basis while $3,091/mo rent supports operations. 11% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 6.74%. Five-year ROI measures 83.13% and total cumulative return in cash totals $150,418. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,091/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
2.10 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: Korin Suarez • BHHS Verani Belmont
Mls Name: PrimeMLS
Mls ID: #5074649