10 Sky LoopMoriartyNM87035
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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
Rental property for sale in Moriarty at 10 Sky Loop, Moriarty, NM, 87035 priced at $360,000 converts $1,980/mo rent into after a $1,762/mo obligation. Total monthly income equals $1,980/mo. Return on cash invested prints 18.57% in year one, and rental yield reads 6.6% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 95.23% and total cumulative return in cash sums $113,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
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Listed by: Edmund McGee • Pride Real Estate
Mls Name: SWMLS
Mls ID: #1093716