12 Partial RdDexterNM88230
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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 Dexter at 12 Partial Rd, Dexter, NM, 88230 priced at $300,000 converts $1,288/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,288/mo. Return on cash invested prints 14.21% in year one, and rental yield reads 5.15% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 71.87% and total cumulative return in cash sums $71,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,288/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88230, Dexter, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,198 (67.4%) |
| Renter Occupied HU | 349 (19.6%) |
| Vacant Housing Units | 230 (12.9%) |
| Median Home Value | $162,356 |
| Average Home Value | $192,124 |
Housing Distribution
Address Breakdown
Residential
1,105
Single Family
1,105
Multi-Family
0
Businesses
76
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Listed by: Mirta Varela • Keller Williams Roswell
Mls Name: New Mexico MLS
Mls ID: #20254005