1206 Cuba RdSocorroNM87801
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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
Investment property for sale in Socorro at 1206 Cuba Rd, Socorro, NM, 87801 listed at $145,300 pairs $882/mo rent with a $711/mo payment to leave $9/mo cash flow. Total monthly income runs $882/mo, and annual cash flow reaches $109/yr on $48,167 cash to close. Return on cash invested measures 20.14% in year one, and rental yield registers 7.28% at a $145,300 basis. Equity gained on principal adds $938/yr, and annual property appreciation at 5% supports $40,144 by year five. Five-year ROI tracks 103.93% and total cumulative return in cash totals $50,058. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $882/mo property income relative to a $711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87801, Socorro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,906 (100%) |
| Owner Occupied HU | 2,609 (53.2%) |
| Renter Occupied HU | 1,620 (33.0%) |
| Vacant Housing Units | 677 (13.8%) |
| Median Home Value | $170,167 |
| Average Home Value | $181,381 |
Housing Distribution
Address Breakdown
Residential
3,705
Single Family
3,597
Multi-Family
108
Businesses
384
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Listed by: N/A • N/A
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Mls ID: #N/A