108 Queen Aire CtRuidosoNM88345
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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 Ruidoso at 108 Queen Aire Ct, Ruidoso, NM, 88345 priced at $127,500 pairs $986/mo rent with $238/mo cash flow after a $624/mo payment. Total monthly income equals $986/mo, and annual cash flow comes to $2,852/yr on $42,266 invested. Return on cash invested is 26.66% in year one, and rental yield stands at 9.28% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 138.63% and total cumulative return in cash reaches $58,594. For financing, Ziffy Mortgage’s DSCR program evaluates $986/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,209 (100%) |
| Owner Occupied HU | 2,960 (32.1%) |
| Renter Occupied HU | 1,086 (11.8%) |
| Vacant Housing Units | 5,163 (56.1%) |
| Median Home Value | $259,653 |
| Average Home Value | $394,541 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,389
Multi-Family
127
Businesses
574
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Listed by: Esmeralda Sanchez • Century 21 Aspen Real Estate
Mls Name: RLCMLS
Mls Provider:
Mls ID: #132611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.