1101 W Tyler AveLovingtonNM88260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lovington at 1101 W Tyler Ave, Lovington, NM, 88260 generates $898/mo in rent and, after a $563/mo payment, leaves $223/mo in cash flow. Total monthly income is $898/mo, and annual cash flow is $2,674/yr on $38,123 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 9.37% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 140.04% and total cumulative return in cash sums $53,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $898/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88260, Lovington, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,528 (100%) |
| Owner Occupied HU | 3,771 (68.2%) |
| Renter Occupied HU | 1,256 (22.7%) |
| Vacant Housing Units | 501 ( 9.1%) |
| Median Home Value | $212,473 |
| Average Home Value | $276,707 |
Housing Distribution
Address Breakdown
Residential
5,008
Single Family
4,869
Multi-Family
139
Businesses
563
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denice Chavez • Casa Oasis Realty
Mls Name: New Mexico MLS
Mls ID: #20256170