Investing in Merrimack County
Merrimack County covers 5 rental markets we actively finance in New Hampshire — Boscawen, Concord, Franklin, Hooksett, New London. Across those markets the median investment basis averages $430,000, a long-term lease averages $2,330/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,255. That produces a county-wide average DSCR ratio near 0.77x.
Basis varies more inside Merrimack County than the average suggests. Franklin is the lowest entry point at roughly $320,000, while Franklin currently models the strongest coverage ratio in the county at 0.99x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.