129 Saddle LnTimberonNM88350
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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 Timberon at 129 Saddle Ln, Timberon, NM, 88350 priced at $150,000 converts $0/mo rent into after a $734/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.33% in year one, and rental yield reads 0% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2011
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88350, Timberon, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 171 (31.5%) |
| Renter Occupied HU | 19 ( 3.5%) |
| Vacant Housing Units | 353 (65.0%) |
| Median Home Value | $121,173 |
| Average Home Value | $131,067 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: Anna Kincade • EXP REALTY
Mls Name: OCMLS
Mls ID: #171763