1308 Kidder RdSilver CityNM88061
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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 Silver City at 1308 Kidder Rd, Silver City, NM, 88061 listed at $263,000 pairs $1,678/mo rent with a $1,287/mo payment to leave $135/mo cash flow. Total monthly income runs $1,678/mo, and annual cash flow reaches $1,615/yr on $87,185 cash to close. Return on cash invested measures 21.76% in year one, and rental yield registers 7.66% at a $263,000 basis. Equity gained on principal adds $1,697/yr, and annual property appreciation at 5% supports $72,662 by year five. Five-year ROI tracks 112.38% and total cumulative return in cash totals $97,979. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,678/mo property income relative to a $1,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88061, Silver City, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,354 (59.8%) |
| Renter Occupied HU | 2,264 (25.3%) |
| Vacant Housing Units | 1,340 (15.0%) |
| Median Home Value | $217,889 |
| Average Home Value | $241,339 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,980
Multi-Family
160
Businesses
597
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Listed by: Alexa Trujillo • Enchantment Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40583
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.