168 Schlarb RdCarrizozoNM88301
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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
Rental property for sale in Carrizozo at 168 Schlarb Rd, Carrizozo, NM, 88301 priced at $229,900 pairs $1,582/mo rent with $233/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,582/mo, and annual cash flow comes to $2,794/yr on $76,212 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 8.26% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 122.07% and total cumulative return in cash reaches $93,035. For financing, Ziffy Mortgage’s DSCR program evaluates $1,582/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88301, Carrizozo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 493 (61.9%) |
| Renter Occupied HU | 132 (16.6%) |
| Vacant Housing Units | 171 (21.5%) |
| Median Home Value | $96,765 |
| Average Home Value | $184,899 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
68
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Listed by: Diana Stokes-Trunzo • NM PREMIER REAL ESTATE, LLC
Mls Name: OCMLS
Mls ID: #171936