111 Azurite CtTyroneNM88065
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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 Tyrone at 111 Azurite Ct, Tyrone, NM, 88065 offers $1,017/mo rent that, after a $636/mo payment, leaves $254/mo cash flow. Total monthly income is $1,017/mo, and annual cash flow is $3,051/yr on $43,095 cash. Return on cash invested measures 26.99% in year one, and rental yield stands at 9.39% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 140.49% and total cumulative return in cash reaches $60,543. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,017/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88065, Tyrone, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 229 (73.9%) |
| Renter Occupied HU | 64 (20.6%) |
| Vacant Housing Units | 17 ( 5.5%) |
| Median Home Value | $227,941 |
| Average Home Value | $241,681 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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Listed by: Margaret "Peggy" Humble • Wagon Wheel Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #41067
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.