104 N View DrCapitanNM88316
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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 Capitan at 104 N View Dr, Capitan, NM, 88316 priced at $270,000 converts $1,080/mo rent into after a $1,322/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 13.14% in year one, and rental yield reads 4.8% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 66.1% and total cumulative return in cash sums $59,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1000
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88316, Capitan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 871 (66.8%) |
| Renter Occupied HU | 160 (12.3%) |
| Vacant Housing Units | 273 (20.9%) |
| Median Home Value | $220,045 |
| Average Home Value | $326,917 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
52
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Listed by: Rye Richardson • Zia Real Estate
Mls Name: RLCMLS
Mls ID: #132898