16 Loren DrQuemadoNM87829
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 Quemado at 16 Loren Dr, Quemado, NM, 87829 listed at $289,900 pairs $1,559/mo rent with a $1,419/mo payment. Total monthly income runs $1,559/mo. Return on cash invested measures 18.13% in year one, and rental yield registers 6.45% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 92.9% and total cumulative return in cash totals $89,277. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
39.54 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Lee • CATRON COUNTY REALTY
Mls Name: My State MLS
Mls ID: #11346988