99 Reed RoadAlton BayNH03810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Alton Bay at 99 Reed Road, Alton Bay, NH, 03810 priced at $469,900 converts $3,425/mo rent into $275/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,425/mo, and annual cash flow totals $3,303/yr on $155,772 invested. Return on cash invested prints 22.03% in year one, and rental yield reads 8.75% against a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation compiles into $129,825 by year five. Five-year ROI reaches 114.9% and total cumulative return in cash sums $178,982. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,425/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 1850
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03810, Alton Bay, NH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,403 (100%) |
| Owner Occupied HU | 863 (35.9%) |
| Renter Occupied HU | 211 ( 8.8%) |
| Vacant Housing Units | 1,329 (55.3%) |
| Median Home Value | $612,952 |
| Average Home Value | $698,473 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
29
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Listed by: Melissa Robbins Starkey • STARKEY Realty, LLC
Mls Name: PrimeMLS
Mls ID: #5054371