111 Palo Alto DrRuidosoNM88345
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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 Ruidoso at 111 Palo Alto Dr, Ruidoso, NM, 88345 earns $286/mo cash flow from $2,338/mo rent with a $1,711/mo payment. Total monthly income totals $2,338/mo, and annual cash flow totals $3,435/yr on $115,859 capital. ROI tracks 22.87% on current figures, and rental yield reads 8.03% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 118.35% and total cumulative return in cash sums $137,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,338/mo property income instead of your personal income.
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,209 (100%) |
| Owner Occupied HU | 2,960 (32.1%) |
| Renter Occupied HU | 1,086 (11.8%) |
| Vacant Housing Units | 5,163 (56.1%) |
| Median Home Value | $259,653 |
| Average Home Value | $394,541 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,389
Multi-Family
127
Businesses
574
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Listed by: N/A • N/A
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