149 Midiron DrAltoNM88312
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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 Alto at 149 Midiron Dr, Alto, NM, 88312 listed at $333,700 pairs $2,447/mo rent with a $1,633/mo payment to leave $489/mo cash flow. Total monthly income runs $2,447/mo, and annual cash flow reaches $5,864/yr on $110,622 cash to close. Return on cash invested measures 25.21% in year one, and rental yield registers 8.8% at a $333,700 basis. Equity gained on principal adds $2,153/yr, and annual property appreciation at 5% supports $92,195 by year five. Five-year ROI tracks 130.85% and total cumulative return in cash totals $144,752. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,447/mo property income relative to a $1,633/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
1,980 sqft 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 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
86
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A