125 E Circle DrRuidoso DownsNM88346
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
Investment property for sale in Ruidoso Downs at 125 E Circle Dr, Ruidoso Downs, NM, 88346 at $285,400 posts ROI 28.01% with $639/mo cash flow from $2,339/mo rent. Total monthly income equals $2,339/mo, and annual cash flow records $7,662/yr on $94,610 to close. Return on cash invested measures 28.01% and rental yield reads 9.83% at the current $285,400. Equity gained on principal adds $1,842/yr, and 5% annual appreciation supports $78,851 by year five. Five-year ROI prints 145.99% and total cumulative return in cash totals $138,120.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,339/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2008
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88346, Ruidoso Downs, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 962 (48.2%) |
| Renter Occupied HU | 443 (22.2%) |
| Vacant Housing Units | 589 (29.5%) |
| Median Home Value | $160,897 |
| Average Home Value | $267,578 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
727
Multi-Family
102
Businesses
102
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Nearby investment properties with comparable prices
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