10 State Yard RdHillsboroNM88042
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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 Hillsboro at 10 State Yard Rd, Hillsboro, NM, 88042 earns $117/mo cash flow from $1,496/mo rent with a $1,150/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $1,402/yr on $77,903 capital. ROI tracks 21.71% on current figures, and rental yield reads 7.64% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 112.08% and total cumulative return in cash sums $87,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Manufactured
Built in 1980
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88042, Hillsboro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 159 (50.5%) |
| Renter Occupied HU | 33 (10.5%) |
| Vacant Housing Units | 123 (39.0%) |
| Median Home Value | $234,434 |
| Average Home Value | $279,340 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
19
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Listed by: Vanessa Woertink • Cripple Creek Realty, LLC
Mls Name: New Mexico MLS
Mls ID: #20255905