1104 W Yucca AveArtesiaNM88210
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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 Artesia at 1104 W Yucca Ave, Artesia, NM, 88210 uses $62,985 cash to close to unlock $7,425/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $1,734/mo, and a $930/mo payment keeps the spread at $619/mo. Purchase price stands at $190,000, and rental yield measures 10.95% with $1,734/mo rent. Return on cash invested shows 31.7% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 165.68% and total cumulative return in cash records $104,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,734/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88210, Artesia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 5,031 (62.5%) |
| Renter Occupied HU | 2,170 (26.9%) |
| Vacant Housing Units | 851 (10.6%) |
| Median Home Value | $230,155 |
| Average Home Value | $280,161 |
Housing Distribution
Address Breakdown
Residential
6,880
Single Family
6,379
Multi-Family
501
Businesses
472
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Listed by: Tiffany Goodloe • Berkshire Hathaway Home Services Enchanted Lands - Artesia
Mls Name: New Mexico MLS
Mls ID: #20257066