124 County Road A029 RdRainsvilleNM87736
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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 Rainsville at 124 County Road A029 Rd, Rainsville, NM, 87736 generates $0/mo in rent, after a $1,346/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.34% in year one, and rental yield is 0% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87736, Rainsville, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 135 (100%) |
| Owner Occupied HU | 100 (74.1%) |
| Renter Occupied HU | 9 ( 6.7%) |
| Vacant Housing Units | 26 (19.3%) |
| Median Home Value | $47,500 |
| Average Home Value | $160,100 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
2
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Angelina Garcia-Sandoval • Enchanted Circle Realty
Mls Name: SFARMLS
Mls ID: #202505491