1714 Watson CtCarlsbadNM88220
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1714 Watson Ct, Carlsbad, NM, 88220 in Carlsbad hard to pass up. The 15.58% gross yield on a $197,793 purchase results in $2,568/mo in rent and $1,381/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.89). Annual cash flow of $16,570, five-year appreciation of $54,647, and $1,822/yr in equity build-up combine for a projected total cumulative return of $163,722.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.6% | 6.2% |
| Monthly Cash Flow | $1,381 | $850 |
City averages based on Carlsbad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,568 |
| Total Monthly Debt Service | $1,108 |
| DSCR Ratio | 2.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
4,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88220, Carlsbad, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,149 (100%) |
| Owner Occupied HU | 10,696 (58.9%) |
| Renter Occupied HU | 4,826 (26.6%) |
| Vacant Housing Units | 2,627 (14.5%) |
| Median Home Value | $222,689 |
| Average Home Value | $280,869 |
Housing Distribution
Address Breakdown
Residential
15,346
Single Family
14,191
Multi-Family
1,155
Businesses
1,140
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
Single Family
Built in 1992
4,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88220, Carlsbad, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,149 (100%) |
| Owner Occupied HU | 10,696 (58.9%) |
| Renter Occupied HU | 4,826 (26.6%) |
| Vacant Housing Units | 2,627 (14.5%) |
| Median Home Value | $222,689 |
| Average Home Value | $280,869 |
Housing Distribution
Address Breakdown
Residential
15,346
Single Family
14,191
Multi-Family
1,155
Businesses
1,140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A