105 S Mesquite StCarlsbadNM88220
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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 Carlsbad at 105 S Mesquite St, Carlsbad, NM, 88220 at $285,000 posts ROI 22.31% with $189/mo cash flow from $1,862/mo rent. Total monthly income equals $1,862/mo, and annual cash flow records $2,269/yr on $94,478 to close. Return on cash invested measures 22.31% and rental yield reads 7.84% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 115.35% and total cumulative return in cash totals $108,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,862/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88220, Carlsbad, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,149 (100%) |
| Owner Occupied HU | 10,696 (58.9%) |
| Renter Occupied HU | 4,826 (26.6%) |
| Vacant Housing Units | 2,627 (14.5%) |
| Median Home Value | $222,689 |
| Average Home Value | $280,869 |
Housing Distribution
Address Breakdown
Residential
15,346
Single Family
14,191
Multi-Family
1,155
Businesses
1,140
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Listed by: Prisila Borunda • Empire Real Estate Group, LLC
Mls Name: New Mexico MLS
Mls ID: #20256071