128 Doris StWilliamsburgNM87942
Nearby investment properties with comparable rents
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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 Williamsburg at 128 Doris St, Williamsburg, NM, 87942 offers $875/mo rent that, after a $563/mo payment, leaves $200/mo cash flow. Total monthly income is $875/mo, and annual cash flow is $2,398/yr on $38,123 cash. Return on cash invested measures 26.2% in year one, and rental yield stands at 9.13% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 136.16% and total cumulative return in cash reaches $51,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $875/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87942, Williamsburg, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 192 (100%) |
| Owner Occupied HU | 107 (55.7%) |
| Renter Occupied HU | 32 (16.7%) |
| Vacant Housing Units | 53 (27.6%) |
| Median Home Value | $164,063 |
| Average Home Value | $173,458 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
17
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Listed by: Andrea Freeman • Desert Lakes Realty
Mls Name: New Mexico MLS
Mls ID: #20256507