105 Elias RdSilver CityNM88022
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 105 Elias Rd, Silver City, NM, 88022 in Silver City is listed at $139,900 and delivers $1,070/mo in rent and $249/mo in net monthly cash flow. The 9.18% yield and 1.70 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $38,652 over five years, and $1,288/yr in principal reduction supplements cash return. Total projected cumulative return: $68,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $249 | $450 |
City averages based on Silver City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,070 |
| Total Monthly Debt Service | $765 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1998
9.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88022, Arenas Valley, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 311 (61.2%) |
| Renter Occupied HU | 73 (14.4%) |
| Vacant Housing Units | 124 (24.4%) |
| Median Home Value | $183,929 |
| Average Home Value | $242,998 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
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
Manufactured
Built in 1998
9.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88022, Arenas Valley, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 311 (61.2%) |
| Renter Occupied HU | 73 (14.4%) |
| Vacant Housing Units | 124 (24.4%) |
| Median Home Value | $183,929 |
| Average Home Value | $242,998 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Merline Hensley • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20243207
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.