117 Deer TrlGrantsNM87020
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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 Grants at 117 Deer Trl, Grants, NM, 87020 priced at $215,933 converts $3,325/mo rent into $1,987/mo cash flow after a $1,057/mo obligation. Total monthly income equals $3,325/mo, and annual cash flow totals $23,839/yr on $71,582 invested. Return on cash invested prints 53.21% in year one, and rental yield reads 18.48% against a $215,933 entry. Equity gained on principal adds $1,393/yr, while 5% annual appreciation compiles into $59,658 by year five. Five-year ROI reaches 281.46% and total cumulative return in cash sums $201,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,325/mo property income covering a $1,057/mo payment, not borrower’s personal income.
Single Family
Built in 1982
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87020, Grants, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 3,469 (59.6%) |
| Renter Occupied HU | 1,457 (25.0%) |
| Vacant Housing Units | 896 (15.4%) |
| Median Home Value | $155,856 |
| Average Home Value | $195,601 |
Housing Distribution
Address Breakdown
Residential
3,697
Single Family
3,474
Multi-Family
223
Businesses
428
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