14 Canyon Creek RdQuemadoNM87829
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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 Quemado at 14 Canyon Creek Rd, Quemado, NM, 87829 generates $1,416/mo in rent, after a $1,688/mo payment. Total monthly income is $1,416/mo. Return on cash invested sits at 13.52% in year one, and rental yield is 4.93% on a $344,900 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 68.2% and total cumulative return in cash sums $77,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
7.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87829, Quemado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 262 (43.6%) |
| Renter Occupied HU | 39 ( 6.5%) |
| Vacant Housing Units | 300 (49.9%) |
| Median Home Value | $240,909 |
| Average Home Value | $247,719 |
Housing Distribution
Address Breakdown
Residential
349
Single Family
349
Multi-Family
0
Businesses
58
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Listed by: Eric L Krueger • New Mexico Land & Investments
Mls Name: SWMLS
Mls ID: #1092980