1390 High Mesa Rd, Alto, NM, 88312 | 1.94% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
838 sft

101 Hemlock Cir, Ruidoso, NM, 88345

3 Bed
1 Bath
755 sft

144 Blue Spruce #V, Ruidoso, NM, 88345

2 Bed
1 Bath
600 sft

100 Ash Dr, Ruidoso, NM, 88345

2 Bed
2 Bath
896 sft

161 Brady Canyon Rd, Ruidoso, NM, 88345

Nearby investment properties with comparable prices

3 Bed
2 Bath
2912 sft

810 Hull Rd, Ruidoso, NM, 88345

3 Bed
3 Bath
2174 sft

545 White Mountain Meadows Dr, Ruidoso, NM, 88345

- Bed
- Bath
- sft

110 Woodland Dr, Ruidoso, NM, 88345

2 Bed
2 Bath
1254 sft

111 Pinetop Ct, Alto, NM, 88312

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Alto at 1390 High Mesa Rd, Alto, NM, 88312 earns from $960/mo rent with a $2,912/mo payment. Total monthly income totals $960/mo. ROI tracks 4.54% on current figures, and rental yield reads 1.94% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 19.95% and total cumulative return in cash sums $39,062. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.

Single Family

Built in 1981

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88312, Alto, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,990 (100%)
Owner Occupied HU	1,147 (38.4%)
Renter Occupied HU	107 ( 3.6%)
Vacant Housing Units	1,736 (58.1%)
Median Home Value	$477,848
Average Home Value	$603,330