1575 S 2nd StRatonNM87740
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 Raton at 1575 S 2nd St, Raton, NM, 87740 offers a 9.33% rental yield on a $130,000 purchase with $1,011/mo rent. Total monthly income registers $1,011/mo, and a $636/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,979/yr on $43,095 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 139.57% and total cumulative return in cash at $60,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,011/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacie Ewing • American West Ranches, Homes, Land, LLC
Mls Name: New Mexico MLS
Mls ID: #20255486