1355 N 1st StRatonNM87740
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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 Raton at 1355 N 1st St, Raton, NM, 87740 listed at $155,000 pairs $1,240/mo rent with a $759/mo payment to leave $330/mo cash flow. Total monthly income runs $1,240/mo, and annual cash flow reaches $3,959/yr on $51,383 cash to close. Return on cash invested measures 27.61% in year one, and rental yield registers 9.6% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 143.73% and total cumulative return in cash totals $73,852. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,240/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1988
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
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Listed by: Wendy Mileta • Realty One Of New Mexico - Raton
Mls Name: New Mexico MLS
Mls ID: #20254868