1540 State Highway 267FloydNM88118
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 1540 State Highway 267, Floyd, NM, 88118 in Floyd is priced for capital growth, not immediate cash flow. The $130,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $35,917 by year five, with $1,197/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $29.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Manufactured
Built in 2008
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88118, Floyd, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 81 (63.3%) |
| Renter Occupied HU | 19 (14.8%) |
| Vacant Housing Units | 28 (21.9%) |
| Median Home Value | $203,261 |
| Average Home Value | $190,093 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 2008
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88118, Floyd, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 128 (100%) |
| Owner Occupied HU | 81 (63.3%) |
| Renter Occupied HU | 19 (14.8%) |
| Vacant Housing Units | 28 (21.9%) |
| Median Home Value | $203,261 |
| Average Home Value | $190,093 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Erica Essex • Town & Country Real Estate, Inc.
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20254549
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.