120 N Railroad AveEspanolaNM87532
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
Investment property for sale in Espanola at 120 N Railroad Ave, Espanola, NM, 87532 with 5% annual appreciation on a $175,000 basis while $1,321/mo rent supports operations. Total monthly income totals $1,321/mo and a $857/mo payment preserves $293/mo for cash returns. Annual cash flow comes to $3,520/yr on $58,013 deployed, and return on cash invested reaches 25.98% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.06%. Five-year ROI measures 135.02% and total cumulative return in cash totals $78,331.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,321/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken R. Martinez • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202403117