140 W Grandview RdCapitanNM88316
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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 Capitan at 140 W Grandview Rd, Capitan, NM, 88316 generates $2,204/mo in rent and, after a $1,415/mo payment, leaves $507/mo in cash flow. Total monthly income is $2,204/mo, and annual cash flow is $6,087/yr on $95,804 invested. Return on cash invested sits at 26.26% in year one, and rental yield is 9.15% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 136.53% and total cumulative return in cash sums $130,802. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,204/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88316, Capitan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 871 (66.8%) |
| Renter Occupied HU | 160 (12.3%) |
| Vacant Housing Units | 273 (20.9%) |
| Median Home Value | $220,045 |
| Average Home Value | $326,917 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
52
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Listed by: Gavin Bigger • Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso
Mls Name: RLCMLS
Mls ID: #133304