1112 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 1112 Lawrence Dr, Tularosa, NM, 88352 uses $77,903 cash to close to unlock $6,550/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $1,925/mo, and a $1,150/mo payment keeps the spread at $546/mo. Purchase price stands at $235,000, and rental yield measures 9.83% with $1,925/mo rent. Return on cash invested shows 28.32% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 147.5% and total cumulative return in cash records $114,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,925/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
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: Paula Osborne • Reliance Real Estate Group of Alamogordo,LLC
Mls Name: OCMLS
Mls ID: #171798