97 Red Ridge LaneNorth 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
Investment property for sale in North Conway at 97 Red Ridge Lane, North Conway, NH, 03860 earns $65/mo cash flow from $2,880/mo rent with a $2,056/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $774/yr on $139,230 capital. ROI tracks 20.46% on current figures, and rental yield reads 8.23% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash sums $148,291. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 1980
0.82 Acres 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: Ellen K Christian • Badger Peabody & Smith Realty
Mls Name: PrimeMLS
Mls ID: #5062091