15 Cuban AveCubaNM87013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cuba at 15 Cuban Ave, Cuba, NM, 87013 priced at $245,000 pairs $1,514/mo rent with $76/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,514/mo, and annual cash flow comes to $914/yr on $81,218 invested. Return on cash invested is 21.03% in year one, and rental yield stands at 7.42% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 108.51% and total cumulative return in cash reaches $88,128. For financing, Ziffy Mortgage’s DSCR program evaluates $1,514/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2014
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87013, Cuba, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 895 (71.9%) |
| Renter Occupied HU | 156 (12.5%) |
| Vacant Housing Units | 193 (15.5%) |
| Median Home Value | $74,130 |
| Average Home Value | $388,025 |
Housing Distribution
Address Breakdown
Residential
380
Single Family
380
Multi-Family
0
Businesses
71
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Listed by: Cassandra Spradley • Mossy Oak Prop. Enchanted Land
Mls Name: SWMLS
Mls ID: #1083857