1200 Central AveCarrizozoNM88301
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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
Total monthly income runs $2,070/mo, and a $3,916/mo payment. Purchase price stands at $800,000, and rental yield measures 3.1% with $2,070/mo rent. Return on cash invested shows 8.09% in year one, and 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 38.98% and total cumulative return in cash records $102,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $3,916/mo payment rather than investor’s personal income.
Single Family
Built in 1907
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88301, Carrizozo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 493 (61.9%) |
| Renter Occupied HU | 132 (16.6%) |
| Vacant Housing Units | 171 (21.5%) |
| Median Home Value | $96,765 |
| Average Home Value | $184,899 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
68
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Listed by: Levi Wrye • Cripple Creek Realty
Mls Name: RLCMLS
Mls Provider:
Mls ID: #132975
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.