13 Johnston Drive #GG RanchPie TownNM87827
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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 Pie Town at 13 Johnston Drive #GG Ranch, Pie Town, NM, 87827 priced at $309,000 converts $0/mo rent into after a $1,512/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 $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in N/A
127.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87827, Pie Town, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 315 (57.0%) |
| Renter Occupied HU | 47 ( 8.5%) |
| Vacant Housing Units | 191 (34.5%) |
| Median Home Value | $241,250 |
| Average Home Value | $248,317 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Greg Liddle • Hayden Outdoors LLC
Mls Name: CREN
Mls Provider:
Mls ID: #824218
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