1646 S High Way #602VanderwagenNM87326
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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 Vanderwagen at 1646 S High Way #602, Vanderwagen, NM, 87326 listed at $569,800 pairs $3,238/mo rent with a $2,789/mo payment. Total monthly income runs $3,238/mo. Return on cash invested measures 19.38% in year one, and rental yield registers 6.82% at a $569,800 basis. Equity gained on principal adds $3,677/yr, and annual property appreciation at 5% supports $157,425 by year five. Five-year ROI tracks 99.55% and total cumulative return in cash totals $186,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,238/mo property income relative to a $2,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87326, Vanderwagen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 783 (100%) |
| Owner Occupied HU | 607 (77.5%) |
| Renter Occupied HU | 100 (12.8%) |
| Vacant Housing Units | 76 ( 9.7%) |
| Median Home Value | $57,750 |
| Average Home Value | $101,647 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
1
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Listed by: N/A • N/A
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Mls ID: #N/A