5 Midmark LaneConcordNH03301
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 5 Midmark Lane, Concord, NH, 03301 in Concord at $669,900. Rental yield 7.38%. The 7.38% yield and 1.37 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $185,081 by year five, and $6,170/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $231,714.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.1% |
| Monthly Cash Flow | $(371) | $850 |
City averages based on Concord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,120 |
| Total Monthly Debt Service | $4,224 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03301, Concord, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,779 (100%) |
| Owner Occupied HU | 7,126 (48.2%) |
| Renter Occupied HU | 6,953 (47.0%) |
| Vacant Housing Units | 700 ( 4.7%) |
| Median Home Value | $392,897 |
| Average Home Value | $415,559 |
Housing Distribution
Address Breakdown
Residential
13,751
Single Family
11,157
Multi-Family
2,594
Businesses
2,101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Sweet • REMAX Home Sweet Home
Mls Name: PrimeMLS
Mls ID: #5067460