1301 18th StEuniceNM88231
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
Investment property for sale in Eunice at 1301 18th St, Eunice, NM, 88231 offers a 13.53% rental yield on a $213,600 purchase with $2,408/mo rent. Total monthly income registers $2,408/mo, and a $1,045/mo payment leaves $1,155/mo available for distribution. Annual cash flow reaches $13,857/yr on $70,808 to close, and return on cash invested stands at 39.48% in year one. Equity gained on principal adds $1,378/yr while 5% annual appreciation supports $59,014 over five years. Portfolio math shows five-year ROI at 207.37% and total cumulative return in cash at $146,838. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,408/mo property income against a $1,045/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88231, Eunice, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,320 (100%) |
| Owner Occupied HU | 841 (63.7%) |
| Renter Occupied HU | 331 (25.1%) |
| Vacant Housing Units | 148 (11.2%) |
| Median Home Value | $171,232 |
| Average Home Value | $185,056 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
101
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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