16 HopiCloudcroftNM88317
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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 Cloudcroft at 16 Hopi, Cloudcroft, NM, 88317 generates $1,384/mo in rent, after a $1,223/mo payment. Total monthly income is $1,384/mo. Return on cash invested sits at 18.71% in year one, and rental yield is 6.65% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 96.03% and total cumulative return in cash sums $79,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,384/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.76 Acres 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: James Carlton • Green Mountain Real Estate Inc
Mls Name: OCMLS
Mls ID: #171609