1116 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 1116 Lawrence Dr, Tularosa, NM, 88352 offers a 5.24% rental yield on a $264,900 purchase with $1,156/mo rent. 45% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 73.17% and total cumulative return in cash at $64,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
0.35 Acres 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: Cheyenne King • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls ID: #171352