1004 State Highway 76EspanolaNM87532
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
Investment property for sale in Espanola at 1004 State Highway 76, Espanola, NM, 87532 earns from $2,340/mo rent with a $5,012/mo payment. Total monthly income totals $2,340/mo. ROI tracks 7.09% on current figures, and rental yield reads 2.74% at a $1,023,993 purchase. Equity gained on principal adds $6,608/yr, and 5% annual appreciation supports $282,910 over five years. Five-year ROI reaches 33.6% and total cumulative return in cash sums $111,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Multi Family
Built in 1949
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
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Nearby investment properties with comparable prices
Listed by: Todd D. Clarke • NM Apartment Advisors, Inc.
Mls Name: SFARMLS
Mls ID: #202503167