1116 Witt RdTaosNM87571
Nearby investment properties with comparable rents
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 Taos at 1116 Witt Rd, Taos, NM, 87571 priced at $270,000 pairs $2,233/mo rent with $648/mo cash flow after a $1,322/mo payment. Total monthly income equals $2,233/mo, and annual cash flow comes to $7,773/yr on $89,505 invested. Return on cash invested is 28.59% in year one, and rental yield stands at 9.92% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 148.99% and total cumulative return in cash reaches $133,357. For financing, Ziffy Mortgage’s DSCR program evaluates $2,233/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Emery • Taos Real Estate Group, LLC
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #113011
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of ECAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.