12 Pine LnPecosNM87573
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
Rental property for sale in Pecos at 12 Pine Ln, Pecos, NM, 87573 offers $2,407/mo rent that, after a $1,463/mo payment, leaves $652/mo cash flow. Total monthly income is $2,407/mo, and annual cash flow is $7,830/yr on $99,119 cash. Return on cash invested measures 27.81% in year one, and rental yield stands at 9.66% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 144.79% and total cumulative return in cash reaches $143,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,407/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87573, Tererro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 90 (23.6%) |
| Renter Occupied HU | 20 ( 5.2%) |
| Vacant Housing Units | 272 (71.2%) |
| Median Home Value | $213,636 |
| Average Home Value | $427,722 |
Housing Distribution
Address Breakdown
Residential
30
Single Family
30
Multi-Family
0
Businesses
0
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Listed by: James Congdon • Santa Fe Properties
Mls Name: SFARMLS
Mls ID: #202404355