1419 Highway 313AlgodonesNM87001
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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 Algodones at 1419 Highway 313, Algodones, NM, 87001 generates $1,960/mo in rent and, after a $1,404/mo payment, leaves $276/mo in cash flow. Total monthly income is $1,960/mo, and annual cash flow is $3,316/yr on $95,074 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 8.2% on a $286,800 entry. Equity gained on principal adds $1,851/yr, while 5% annual appreciation builds toward $79,238 over five years. Five-year ROI reaches 121.16% and total cumulative return in cash sums $115,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,960/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87001, Algodones, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 869 (100%) |
| Owner Occupied HU | 774 (89.1%) |
| Renter Occupied HU | 70 ( 8.1%) |
| Vacant Housing Units | 25 ( 2.9%) |
| Median Home Value | $395,763 |
| Average Home Value | $417,684 |
Housing Distribution
Address Breakdown
Residential
938
Single Family
938
Multi-Family
0
Businesses
16
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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