60 Lamplighter DriveNorth ConwayNH03860
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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 North Conway at 60 Lamplighter Drive, North Conway, NH, 03860 generates $1,518/mo in rent and, after a $954/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,518/mo, and annual cash flow is $2,536/yr on $64,643 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.34% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 124.6% and total cumulative return in cash sums $80,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,518/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03860, North Conway, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,362 (100%) |
| Owner Occupied HU | 1,316 (39.1%) |
| Renter Occupied HU | 724 (21.5%) |
| Vacant Housing Units | 1,322 (39.3%) |
| Median Home Value | $347,887 |
| Average Home Value | $399,662 |
Housing Distribution
Address Breakdown
Residential
1,160
Single Family
770
Multi-Family
390
Businesses
482
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Listed by: Stacy Sand • KW Coastal and Lakes & Mountains Realty/N Conway
Mls Name: PrimeMLS
Mls ID: #5059567