Investing in Sullivan County
Sullivan County covers 3 rental markets we actively finance in New Hampshire — Claremont, Newport, Sunapee. Across those markets the median investment basis averages $378,333, a long-term lease averages $2,050/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,892. That produces a county-wide average DSCR ratio near 0.83x.
Basis varies more inside Sullivan County than the average suggests. Claremont is the lowest entry point at roughly $235,000, while Claremont currently models the strongest coverage ratio in the county at 1.05x. 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.