118 Del Prado DrSunland ParkNM88063
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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 Sunland Park at 118 Del Prado Dr, Sunland Park, NM, 88063 generates $1,960/mo in rent and, after a $1,150/mo payment, leaves $581/mo in cash flow. Total monthly income is $1,960/mo, and annual cash flow is $6,970/yr on $77,903 invested. Return on cash invested sits at 28.86% in year one, and rental yield is 10.01% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 150.41% and total cumulative return in cash sums $117,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88063, Sunland Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,557 (65.3%) |
| Renter Occupied HU | 1,085 (27.7%) |
| Vacant Housing Units | 275 ( 7.0%) |
| Median Home Value | $158,555 |
| Average Home Value | $189,438 |
Housing Distribution
Address Breakdown
Residential
3,486
Single Family
3,463
Multi-Family
23
Businesses
248
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Listed by: Julia Weeks • Home Pros Real Estate Group
Mls Name: GEPAR
Mls ID: #936880