17 Gloryland LnVanderwagenNM87326
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
Rental property for sale in Vanderwagen at 17 Gloryland Ln, Vanderwagen, NM, 87326 priced at $195,000 pairs $1,412/mo rent with $268/mo cash flow after a $954/mo payment. Total monthly income equals $1,412/mo, and annual cash flow comes to $3,214/yr on $64,643 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 8.69% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 129.09% and total cumulative return in cash reaches $83,446. For financing, Ziffy Mortgage’s DSCR program evaluates $1,412/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
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: Jason Valentine • Coldwell Banker High Desert Realty
Mls Name: New Mexico MLS
Mls ID: #20253774