11600 Purple Sage Rd SWDemingNM88030
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
Investment property for sale in Deming at 11600 Purple Sage Rd SW, Deming, NM, 88030 uses $101,108 cash to close to unlock $7,664/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,493/mo payment keeps the spread at $639/mo. Purchase price stands at $305,000, and rental yield measures 9.56% with $2,429/mo rent. Return on cash invested shows 27.49% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash records $144,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1990
5.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A