118 Arrowhead RdRuidoso DownsNM88346
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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 Ruidoso Downs at 118 Arrowhead Rd, Ruidoso Downs, NM, 88346 offers $2,485/mo rent that, after a $839/mo payment, leaves $1,460/mo cash flow. Total monthly income is $2,485/mo, and annual cash flow is $17,524/yr on $56,853 cash. Return on cash invested measures 50.73% in year one, and rental yield stands at 17.39% at a $171,501 entry. Equity gained on principal adds $1,107/yr while 5% annual appreciation compounds into $47,383 by year five. Five-year ROI records 267.91% and total cumulative return in cash reaches $152,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,485/mo property income versus a $839/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88346, Ruidoso Downs, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 962 (48.2%) |
| Renter Occupied HU | 443 (22.2%) |
| Vacant Housing Units | 589 (29.5%) |
| Median Home Value | $160,897 |
| Average Home Value | $267,578 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
727
Multi-Family
102
Businesses
102
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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