1015 Lister DrLa MesaNM88044
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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 La Mesa at 1015 Lister Dr, La Mesa, NM, 88044 offers a 2.55% rental yield on a $800,000 purchase with $1,702/mo rent. 41% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $221,025 over five years. Portfolio math shows five-year ROI at 29.99% and total cumulative return in cash at $78,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,702/mo property income against a $3,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88044, La Mesa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 983 (72.5%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 137 (10.1%) |
| Median Home Value | $265,588 |
| Average Home Value | $275,206 |
Housing Distribution
Address Breakdown
Residential
871
Single Family
871
Multi-Family
0
Businesses
28
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Listed by: Tori Lynn Rivera • Home Pros Real Estate Group New Mexico
Mls Name: SNMMLS
Mls ID: #2502871