57 Union Avenue #109, Laconia, NH, 03246 | $493/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
2046 sft

331 Parade Road, Barnstead, NH, 03218

2 Bed
2 Bath
1008 sft

22 Piscataqua Road, Concord, NH, 03301

2 Bed
1 Bath
361 sft

1144 Weirs Boulevard #2, Laconia, NH, 03246

Rental Income+ 1 more

2 Bed
2 Bath
848 sft

41 Treetop Circle UNIT 24, Laconia, NH, 03246

Nearby investment properties with comparable prices

2 Bed
1 Bath
692 sft

30 Beech Street #4B, Bristol, NH, 03222

2 Bed
1 Bath
984 sft

21 Mansfield Woods Way, New Hampton, NH, 03256

2 Bed
2 Bath
1065 sft

1 Woodgate Circle, Tilton, NH, 03276

Investment Property+ 1 more

2 Bed
1 Bath
1038 sft

2973 River Road, Plymouth, NH, 03264

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Laconia at 57 Union Avenue #109, Laconia, NH, 03246 uses $64,643 cash to close to unlock $5,920/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $954/mo payment keeps the spread at $493/mo. Purchase price stands at $195,000, and rental yield measures 11.08% with $1,800/mo rent. Return on cash invested shows 29.07% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 152.68% and total cumulative return in cash records $98,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $954/mo payment rather than investor’s personal income.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA