104 Lipan CtAltoNM88312
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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 Alto at 104 Lipan Ct, Alto, NM, 88312 offers a 3.26% rental yield on a $1,195,000 purchase with $3,246/mo rent. 69% in year one. Equity gained on principal adds $7,711/yr while 5% annual appreciation supports $330,156 over five years. Portfolio math shows five-year ROI at 42.16% and total cumulative return in cash at $163,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,246/mo property income against a $5,849/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88312, Alto, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,990 (100%) |
| Owner Occupied HU | 1,147 (38.4%) |
| Renter Occupied HU | 107 ( 3.6%) |
| Vacant Housing Units | 1,736 (58.1%) |
| Median Home Value | $477,848 |
| Average Home Value | $603,330 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
86
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Listed by: Gina Gail Acker • Destiny Real Estate
Mls Name: RLCMLS
Mls ID: #132985