87 Island Drive, Laconia, NH, 03246 | 2.33% 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

Investment property for sale in Laconia at 87 Island Drive, Laconia, NH, 03246 with 5% annual appreciation on a $849,900 basis while $1,652/mo rent supports operations. 7% in year one. Equity gained on principal adds $5,484/yr, and five-year appreciation sums $234,812 alongside rental yield of 2.33%. Five-year ROI measures 11.23% and total cumulative return in cash totals $31,394. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,652/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1950

N/A lot

$N/A/sqft

No HOA