13 Ronnie DrPrewittNM87045
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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 Prewitt at 13 Ronnie Dr, Prewitt, NM, 87045 earns $195/mo cash flow from $893/mo rent with a $582/mo payment. Total monthly income totals $893/mo, and annual cash flow totals $2,340/yr on $39,449 capital. ROI tracks 25.84% on current figures, and rental yield reads 9.01% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 134.22% and total cumulative return in cash sums $52,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $893/mo property income instead of your personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87045, Prewitt, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 465 (100%) |
| Owner Occupied HU | 339 (72.9%) |
| Renter Occupied HU | 44 ( 9.5%) |
| Vacant Housing Units | 82 (17.6%) |
| Median Home Value | $86,875 |
| Average Home Value | $173,355 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
15
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Listed by: Kaul Corley • Keller Williams Realty Gallup Living
Mls Name: New Mexico MLS
Mls ID: #20253301