1508 Rainmaker LoopCloudcroftNM88317
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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
Total monthly income runs $3,240/mo, and a $3,830/mo payment. Purchase price stands at $782,500, and rental yield measures 4.97% with $3,240/mo rent. Return on cash invested shows 13.75% in year one, and 5% annual appreciation builds toward $216,190 over five years. Five-year ROI reaches 69.39% and total cumulative return in cash records $178,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $3,830/mo payment rather than investor’s personal income.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Jared Andrew English • Congress Realty, Inc.
Mls Name: SNMMLS
Mls ID: #2501478