1358 Highway 304VeguitaNM87062
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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
Total monthly income runs $0/mo, and a $734/mo payment. Purchase price stands at $149,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.35% in year one, and 5% annual appreciation builds toward $41,415 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87062, Veguita, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 483 (76.5%) |
| Renter Occupied HU | 87 (13.8%) |
| Vacant Housing Units | 61 ( 9.7%) |
| Median Home Value | $108,214 |
| Average Home Value | $187,438 |
Housing Distribution
Address Breakdown
Residential
354
Single Family
354
Multi-Family
0
Businesses
8
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No similar rental properties found nearby.
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Listed by: Nora C Wilson • Re/Max Gallery
Mls Name: SWMLS
Mls ID: #1091062