1008 W 1st StMagdalenaNM87825
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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 Magdalena at 1008 W 1st St, Magdalena, NM, 87825 generates $1,321/mo in rent and, after a $864/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,321/mo, and annual cash flow is $3,418/yr on $58,543 invested. Return on cash invested sits at 25.75% in year one, and rental yield is 8.98% on a $176,600 entry. Equity gained on principal adds $1,140/yr, while 5% annual appreciation builds toward $48,791 over five years. Five-year ROI reaches 133.74% and total cumulative return in cash sums $78,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,321/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87825, Magdalena, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 834 (69.0%) |
| Renter Occupied HU | 157 (13.0%) |
| Vacant Housing Units | 217 (18.0%) |
| Median Home Value | $94,821 |
| Average Home Value | $143,204 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
51
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Listed by: N/A • N/A
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