16 MainHillsboroNM88042
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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
Investment property for sale in Hillsboro at 16 Main, Hillsboro, NM, 88042 at $199,900 posts ROI -1.33% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -1.33% and rental yield reads 0% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88042, Hillsboro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 159 (50.5%) |
| Renter Occupied HU | 33 (10.5%) |
| Vacant Housing Units | 123 (39.0%) |
| Median Home Value | $234,434 |
| Average Home Value | $279,340 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
19
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No similar rental properties found nearby.
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Listed by: Omega Guzman • Sea Properties Ltd
Mls Name: New Mexico MLS
Mls ID: #20255225