113 Buckskin LoopSanta TeresaNM88008
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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
Rental property for sale in Santa Teresa at 113 Buckskin Loop, Santa Teresa, NM, 88008 priced at $239,000 pairs $2,228/mo rent with $825/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,228/mo, and annual cash flow comes to $9,900/yr on $79,229 invested. Return on cash invested is 32.4% in year one, and rental yield stands at 11.19% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 169.42% and total cumulative return in cash reaches $134,232. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88008, Santa Teresa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,131 (100%) |
| Owner Occupied HU | 3,152 (76.3%) |
| Renter Occupied HU | 806 (19.5%) |
| Vacant Housing Units | 173 ( 4.2%) |
| Median Home Value | $245,600 |
| Average Home Value | $290,603 |
Housing Distribution
Address Breakdown
Residential
3,740
Single Family
3,421
Multi-Family
319
Businesses
253
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Listed by: D. Elaine Johnson • RE/MAX Classic Realty
Mls Name: SNMMLS
Mls ID: #2600239