183 Cedar LnMoriartyNM87035
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
Investment property for sale in Moriarty at 183 Cedar Ln, Moriarty, NM, 87035 offers a 7.99% rental yield on a $289,000 purchase with $1,924/mo rent. Total monthly income registers $1,924/mo, and a $1,415/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,727/yr on $95,804 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 117.72% and total cumulative return in cash at $112,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,924/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee A Wilfrid • Mazzola Inc RealEstate and Ren
Mls Name: SWMLS
Mls ID: #1093697