122 Longhorn LoopNogalNM88341
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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
Rental property for sale in Nogal at 122 Longhorn Loop, Nogal, NM, 88341 offers $2,164/mo rent that, after a $2,692/mo payment. Total monthly income is $2,164/mo. Return on cash invested measures 12.88% in year one, and rental yield stands at 4.72% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 64.72% and total cumulative return in cash reaches $117,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,164/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
10 Acres lot
$N/A/sqft
$19 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88341, Nogal, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 292 (63.9%) |
| Renter Occupied HU | 36 ( 7.9%) |
| Vacant Housing Units | 129 (28.2%) |
| Median Home Value | $366,667 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
8
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Listed by: N/A • N/A
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