106 Fulton AveBelenNM87002
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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 Belen at 106 Fulton Ave, Belen, NM, 87002 with 5% annual appreciation on a $365,000 basis while $2,040/mo rent supports operations. 9% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 6.71%. Five-year ROI measures 97.03% and total cumulative return in cash totals $117,403. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,040/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Nora C Wilson • Re/Max Gallery
Mls Name: SWMLS
Mls ID: #1096862