103 Crest Pointe DrPortalesNM88130
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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 Portales at 103 Crest Pointe Dr, Portales, NM, 88130 offers $2,216/mo rent that, after a $1,312/mo payment, leaves $643/mo cash flow. Total monthly income is $2,216/mo, and annual cash flow is $7,712/yr on $88,842 cash. Return on cash invested measures 28.59% in year one, and rental yield stands at 9.92% at a $268,000 entry. Equity gained on principal adds $1,729/yr while 5% annual appreciation compounds into $74,043 by year five. Five-year ROI records 148.99% and total cumulative return in cash reaches $132,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,216/mo property income versus a $1,312/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88130, Portales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,929 (100%) |
| Owner Occupied HU | 4,003 (50.5%) |
| Renter Occupied HU | 2,710 (34.2%) |
| Vacant Housing Units | 1,216 (15.3%) |
| Median Home Value | $158,948 |
| Average Home Value | $196,922 |
Housing Distribution
Address Breakdown
Residential
6,832
Single Family
6,695
Multi-Family
137
Businesses
473
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Listed by: Carol Neece • Beacon Realty, LLC
Mls Name: New Mexico MLS
Mls ID: #20255683