1307 Victoria StCloudcroftNM88317
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cloudcroft at 1307 Victoria St, Cloudcroft, NM, 88317 listed at $119,500 pairs $1,164/mo rent with a $585/mo payment to leave $462/mo cash flow. Total monthly income runs $1,164/mo, and annual cash flow reaches $5,550/yr on $39,614 cash to close. Return on cash invested measures 33.92% in year one, and rental yield registers 11.69% at a $119,500 basis. Equity gained on principal adds $771/yr, and annual property appreciation at 5% supports $33,016 by year five. Five-year ROI tracks 177.65% and total cumulative return in cash totals $70,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,164/mo property income relative to a $585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheyenne King • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls ID: #171529