532 Frank C Gilman Highway, Alton, NH, 03809 | $1/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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532 Frank C Gilman Highway, Alton, NH, 03809 | $1/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alton at 532 Frank C Gilman Highway, Alton, NH, 03809 with 5% annual appreciation on a $645,000 basis while $4,324/mo rent supports operations. Total monthly income totals $4,324/mo and a $3,157/mo payment preserves $1/mo for cash returns. Annual cash flow comes to $7/yr on $212,205 deployed, and return on cash invested reaches 20.06% in year one. Equity gained on principal adds $4,162/yr, and five-year appreciation sums $178,202 alongside rental yield of 8.04%. Five-year ROI measures 104.32% and total cumulative return in cash totals $221,368.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,324/mo property income versus a $3,157/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1993

1.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to beautiful, low-tax Alton, New Hampshire! This spacious and inviting four-bedroom home is ideally located just 3.5 miles (about six minutes) from Lake Winnipesaukee, 12 minutes from Mount Majors hiking trails, and 22 minutes from Gunstock Mountain Resort. Over the past two years, the property has undergone numerous upgrades including a new roof, siding, and windows; new hardwood and luxury vinyl plank flooring; a stone veneer around the foundation; newly built interior stairs with a stone accent; fresh paint throughout; foundation and perimeter drains; extensive landscaping; and the addition of a new shed and carport. Inside, the home is filled with character and offers a flexible floor plan to suit a variety of needs. The first floor features a bedroom, a full bath with laundry, a spacious living room, and a dining room. Upstairs, the primary suite includes a private hot tub, along with two additional bedrooms and a three-quarter bath. The walkout basement is mostly finished and includes a mudroom, recreation room, and large denperfect for an office, hobby space, exercise room, or additional storage. With its gleaming hardwood floors, natural woodwork, and park-like setting, this home offers warmth, charm, and comfort both inside and out. Dont miss the Open House this Saturday, November 15th, from 11:00 to 1:00!

Neighborhood Data

Neighborhood data shown for ZIP Code: 03809, Alton, NH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,929 (100%)
Owner Occupied HU	1,271 (65.9%)
Renter Occupied HU	200 (10.4%)
Vacant Housing Units	458 (23.7%)
Median Home Value	$422,774
Average Home Value	$510,926