66 Landing Lane #309, Laconia, NH, 03246 | 7.85% Rental Yield

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

Rental property for sale in Laconia at 66 Landing Lane #309, Laconia, NH, 03246 generates $1,800/mo in rent, after a $1,346/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 19.34% in year one, and rental yield is 7.85% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 100.47% and total cumulative return in cash sums $91,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.

Condo

Built in 2006

N/A lot

$N/A/sqft

No HOA