1106 Leonard Ave WEstanciaNM87016
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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 Estancia at 1106 Leonard Ave W, Estancia, NM, 87016 offers a 8.16% rental yield on a $194,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $950/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,170/yr on $64,311 to close, and return on cash invested stands at 23.28% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 120.53% and total cumulative return in cash at $77,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87016, Estancia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,082 (66.1%) |
| Renter Occupied HU | 261 (15.9%) |
| Vacant Housing Units | 294 (18.0%) |
| Median Home Value | $245,604 |
| Average Home Value | $372,733 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
71
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Listed by: Myra Oden • United Country Farm & Home
Mls Name: SWMLS
Mls ID: #1093359