1206 Godfrey LnEspanolaNM87532
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
Total monthly income runs $1,699/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 5.74% with $1,699/mo rent. Return on cash invested shows 15.98% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 81.36% and total cumulative return in cash records $95,748. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
0.26 Acres 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: David J. Mowry • Donna Saiz RE Group
Mls Name: SWMLS
Mls ID: #1090689