109 Canon Del LunaElephant ButteNM87935
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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
Total monthly income runs $1,080/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 1.08% with $1,080/mo rent. Return on cash invested shows 1.97% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 6.09% and total cumulative return in cash records $23,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 2007
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87935, Elephant Butte, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 604 (49.4%) |
| Renter Occupied HU | 110 ( 9.0%) |
| Vacant Housing Units | 508 (41.6%) |
| Median Home Value | $209,091 |
| Average Home Value | $209,441 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
99
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Listed by: Lalaine D Stone • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1096302