116 Thomas Ranch RdDatilNM87821
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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 Datil at 116 Thomas Ranch Rd, Datil, NM, 87821 priced at $599,000 converts $1,382/mo rent into after a $2,932/mo obligation. Total monthly income equals $1,382/mo. Return on cash invested prints 7.07% in year one, and rental yield reads 2.77% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 33.5% and total cumulative return in cash sums $66,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,382/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1920
119 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87821, Datil, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 369 (47.0%) |
| Renter Occupied HU | 31 ( 3.9%) |
| Vacant Housing Units | 385 (49.0%) |
| Median Home Value | $262,288 |
| Average Home Value | $280,982 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
24
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Listed by: E. Marie Farr-lee • Datilland Properties
Mls Name: My State MLS
Mls ID: #11329757