1106 Lawrence DrTularosaNM88352
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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 Tularosa at 1106 Lawrence Dr, Tularosa, NM, 88352 uses $61,294 cash to close to unlock $3,477/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,375/mo, and a $905/mo payment keeps the spread at $290/mo. Purchase price stands at $184,900, and rental yield measures 8.92% with $1,375/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 132.85% and total cumulative return in cash records $81,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,375/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88352, Tularosa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,505 (100%) |
| Owner Occupied HU | 1,694 (67.6%) |
| Renter Occupied HU | 415 (16.6%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $217,742 |
| Average Home Value | $255,108 |
Housing Distribution
Address Breakdown
Residential
1,962
Single Family
1,962
Multi-Family
0
Businesses
120
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Listed by: Kandace Eaton-Hollibaugh • Future Real Estate
Mls Name: OCMLS
Mls ID: #171954