14386 Highway 187CaballoNM87931
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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
Investment property for sale in Caballo at 14386 Highway 187, Caballo, NM, 87931 uses $81,218 cash to close to unlock $5,186/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,870/mo, and a $1,199/mo payment keeps the spread at $432/mo. Purchase price stands at $245,000, and rental yield measures 9.16% with $1,870/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash records $111,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,870/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87931, Caballo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 506 (69.5%) |
| Renter Occupied HU | 81 (11.1%) |
| Vacant Housing Units | 141 (19.4%) |
| Median Home Value | $199,219 |
| Average Home Value | $289,412 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
15
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Listed by: Cheryl Shipley • Rio Mesa Realty
Mls Name: New Mexico MLS
Mls ID: #20260205