7 Langs LaneNewmarketNH03857
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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
Investment property for sale in Newmarket at 7 Langs Lane, Newmarket, NH, 03857 uses $99,450 cash to close to unlock $3,162/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $2,274/mo, and a $1,468/mo payment keeps the spread at $264/mo. Purchase price stands at $299,999, and rental yield measures 9.1% with $2,274/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 120.58% and total cumulative return in cash records $119,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,274/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03857, Newmarket, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,437 (100%) |
| Owner Occupied HU | 2,367 (53.3%) |
| Renter Occupied HU | 1,953 (44.0%) |
| Vacant Housing Units | 117 ( 2.6%) |
| Median Home Value | $487,062 |
| Average Home Value | $516,851 |
Housing Distribution
Address Breakdown
Residential
4,519
Single Family
3,338
Multi-Family
1,181
Businesses
236
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Listed by: Melissa Cote • Keller Williams Gateway Realty
Mls Name: PrimeMLS
Mls ID: #5073274