157 McKinley Ranch RdQuemadoNM87829
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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
Rental property for sale in Quemado at 157 McKinley Ranch Rd, Quemado, NM, 87829 priced at $799,900 pairs $1,462/mo rent with after a $3,915/mo payment. Total monthly income equals $1,462/mo. Return on cash invested is 5.32% in year one, and rental yield stands at 2.19% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 24.16% and total cumulative return in cash reaches $63,576. For financing, Ziffy Mortgage’s DSCR program evaluates $1,462/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87829, Quemado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 262 (43.6%) |
| Renter Occupied HU | 39 ( 6.5%) |
| Vacant Housing Units | 300 (49.9%) |
| Median Home Value | $240,909 |
| Average Home Value | $247,719 |
Housing Distribution
Address Breakdown
Residential
349
Single Family
349
Multi-Family
0
Businesses
58
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Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Gary Blum • Western New Mexico Land Company
Mls Name: New Mexico MLS
Mls ID: #20252745