110 Creosote Rd SWDemingNM88030
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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 Deming at 110 Creosote Rd SW, Deming, NM, 88030 offers $2,797/mo rent that, after a $1,468/mo payment, leaves $1,037/mo cash flow. Total monthly income is $2,797/mo, and annual cash flow is $12,439/yr on $99,433 cash. Return on cash invested measures 32.42% in year one, and rental yield stands at 11.19% at a $299,950 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,871 by year five. Five-year ROI records 169.52% and total cumulative return in cash reaches $168,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,797/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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Listed by: Lisa Ramos • ERA Sellers & Buyers Real Estate
Mls Name: SNMMLS
Mls ID: #2503570