1530 Needles Eye Rd SEDemingNM88030
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
Investment property for sale in Deming at 1530 Needles Eye Rd SE, Deming, NM, 88030 offers a 9.68% rental yield on a $133,950 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $656/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,521/yr on $44,404 to close, and return on cash invested stands at 27.84% in year one. Equity gained on principal adds $864/yr while 5% annual appreciation supports $37,008 over five years. Portfolio math shows five-year ROI at 145% and total cumulative return in cash at $64,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $656/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roseanna Kuhlman • United Country Downtown Real Estate
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20246039
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.