132 E Cedar RdCapitanNM88316
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
Rental property for sale in Capitan at 132 E Cedar Rd, Capitan, NM, 88316 offers $1,943/mo rent that, after a $855/mo payment, leaves $918/mo cash flow. Total monthly income is $1,943/mo, and annual cash flow is $11,012/yr on $57,913 cash. Return on cash invested measures 38.92% in year one, and rental yield stands at 13.35% at a $174,700 entry. Equity gained on principal adds $1,127/yr while 5% annual appreciation compounds into $48,266 by year five. Five-year ROI records 204.4% and total cumulative return in cash reaches $118,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,943/mo property income versus a $855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88316, Capitan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 871 (66.8%) |
| Renter Occupied HU | 160 (12.3%) |
| Vacant Housing Units | 273 (20.9%) |
| Median Home Value | $220,045 |
| Average Home Value | $326,917 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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