137 Gavilan Hills RdRuidosoNM88345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ruidoso at 137 Gavilan Hills Rd, Ruidoso, NM, 88345 priced at $367,000 pairs $2,521/mo rent with $367/mo cash flow after a $1,796/mo payment. Total monthly income equals $2,521/mo, and annual cash flow comes to $4,406/yr on $121,661 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 8.24% on a $367,000 basis. Equity gained on principal adds $2,368/yr, and 5% annual appreciation accumulates to $101,395 by year five. Five-year ROI measures 121.87% and total cumulative return in cash reaches $148,271. For financing, Ziffy Mortgage’s DSCR program evaluates $2,521/mo property income against a $1,796/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,209 (100%) |
| Owner Occupied HU | 2,960 (32.1%) |
| Renter Occupied HU | 1,086 (11.8%) |
| Vacant Housing Units | 5,163 (56.1%) |
| Median Home Value | $259,653 |
| Average Home Value | $394,541 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,389
Multi-Family
127
Businesses
574
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #132867