1303 W Aztec AveGallupNM87301
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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 Gallup at 1303 W Aztec Ave, Gallup, NM, 87301 uses $35,802 cash to close to unlock $2,768/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $865/mo, and a $529/mo payment keeps the spread at $231/mo. Purchase price stands at $108,000, and rental yield measures 9.61% with $865/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 143.95% and total cumulative return in cash records $51,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $865/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87301, Gallup, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,490 (100%) |
| Owner Occupied HU | 7,254 (58.1%) |
| Renter Occupied HU | 4,131 (33.1%) |
| Vacant Housing Units | 1,105 ( 8.8%) |
| Median Home Value | $112,050 |
| Average Home Value | $166,876 |
Housing Distribution
Address Breakdown
Residential
6,941
Single Family
6,583
Multi-Family
358
Businesses
983
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11637522