1102 E Whitmore AveTucumcariNM88401
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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 Tucumcari at 1102 E Whitmore Ave, Tucumcari, NM, 88401 offers a 7.15% rental yield on a $188,000 purchase with $1,120/mo rent. Total monthly income registers $1,120/mo, and a $920/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $200/yr on $62,322 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 104.16% and total cumulative return in cash at $64,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,120/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1945
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: N/A • N/A
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