131 Homewood DrTimberonNM88350
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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 Timberon at 131 Homewood Dr, Timberon, NM, 88350 earns from $1,700/mo rent with a $1,857/mo payment. Total monthly income totals $1,700/mo. ROI tracks 14.88% on current figures, and rental yield reads 5.38% at a $379,500 purchase. Equity gained on principal adds $2,449/yr, and 5% annual appreciation supports $104,849 over five years. Five-year ROI reaches 75.45% and total cumulative return in cash sums $94,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,700/mo property income instead of your personal income.
Single Family
Built in 1978
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88350, Timberon, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 171 (31.5%) |
| Renter Occupied HU | 19 ( 3.5%) |
| Vacant Housing Units | 353 (65.0%) |
| Median Home Value | $121,173 |
| Average Home Value | $131,067 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
11
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Listed by: Thomas Mack • Aspen Trails Realty
Mls Name: OCMLS
Mls ID: #171727