1804 E Route 66 BlvdTucumcariNM88401
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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 Tucumcari at 1804 E Route 66 Blvd, Tucumcari, NM, 88401 uses $64,643 cash to close to unlock $334/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,172/mo, and a $954/mo payment keeps the spread at $28/mo. Purchase price stands at $195,000, and rental yield measures 7.21% with $1,172/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 105.18% and total cumulative return in cash records $67,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,172/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: Tonya Rigdon • Trousdale Real Estate
Mls Name: My State MLS
Mls ID: #11240499