116 Elguea AveHurleyNM88043
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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 Hurley at 116 Elguea Ave, Hurley, NM, 88043 earns $231/mo cash flow from $1,211/mo rent with a $817/mo payment. Total monthly income totals $1,211/mo, and annual cash flow totals $2,774/yr on $55,361 capital. ROI tracks 24.92% on current figures, and rental yield reads 8.7% at a $167,000 purchase. Equity gained on principal adds $1,078/yr, and 5% annual appreciation supports $46,139 over five years. Five-year ROI reaches 129.37% and total cumulative return in cash sums $71,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,211/mo property income instead of your personal income.
Manufactured
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88043, Hurley, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 531 (65.9%) |
| Renter Occupied HU | 119 (14.8%) |
| Vacant Housing Units | 156 (19.4%) |
| Median Home Value | $97,500 |
| Average Home Value | $165,753 |
Housing Distribution
Address Breakdown
Residential
296
Single Family
296
Multi-Family
0
Businesses
17
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Listed by: Julie Williamson • Thompson Realty PC
Mls Name: SCRMLS
Mls ID: #41116