1244 Park Hill StRatonNM87740
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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 Raton at 1244 Park Hill St, Raton, NM, 87740 uses $103,594 cash to close to unlock $3,700/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $2,143/mo, and a $1,530/mo payment keeps the spread at $308/mo. Purchase price stands at $312,500, and rental yield measures 8.23% with $2,143/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $86,338 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash records $125,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,143/mo property income covering a $1,530/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
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Listed by: Jessica Roybal • Willow Springs Realty & Property Management LLC
Mls Name: NY State MLS
Mls ID: #11617826