5 Midmark LaneConcordNH03301
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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 Concord at 5 Midmark Lane, Concord, NH, 03301 priced at $669,900 converts $4,120/mo rent into after a $3,279/mo obligation. Total monthly income equals $4,120/mo. Return on cash invested prints 18.04% in year one, and rental yield reads 7.38% against a $669,900 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation compiles into $185,081 by year five. Five-year ROI reaches 93.48% and total cumulative return in cash sums $206,037. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,120/mo property income covering a $3,279/mo payment, not borrower’s personal income.
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
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Listed by: Lynn Sweet • REMAX Home Sweet Home
Mls Name: PrimeMLS
Mls ID: #5067460