116 Calle De LuceroSan MiguelNM88044
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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 San Miguel at 116 Calle De Lucero, San Miguel, NM, 88044 with 5% annual appreciation on a $170,000 basis while $1,414/mo rent supports operations. Total monthly income totals $1,414/mo and a $832/mo payment preserves $416/mo for cash returns. Annual cash flow comes to $4,995/yr on $56,355 deployed, and return on cash invested reaches 28.77% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.98%. Five-year ROI measures 150.03% and total cumulative return in cash totals $84,549.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,414/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88044, La Mesa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 983 (72.5%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 137 (10.1%) |
| Median Home Value | $265,588 |
| Average Home Value | $275,206 |
Housing Distribution
Address Breakdown
Residential
871
Single Family
871
Multi-Family
0
Businesses
28
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Listed by: Paris Fischer • Keller Williams Realty
Mls Name: SNMMLS
Mls ID: #2502496