189 Pinehurst DrSanta TeresaNM88008
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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
Rental property for sale in Santa Teresa at 189 Pinehurst Dr, Santa Teresa, NM, 88008 priced at $335,000 converts $1,908/mo rent into after a $1,640/mo obligation. Total monthly income equals $1,908/mo. Return on cash invested prints 19.28% in year one, and rental yield reads 6.83% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 99.04% and total cumulative return in cash sums $109,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1995
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88008, Santa Teresa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,131 (100%) |
| Owner Occupied HU | 3,152 (76.3%) |
| Renter Occupied HU | 806 (19.5%) |
| Vacant Housing Units | 173 ( 4.2%) |
| Median Home Value | $245,600 |
| Average Home Value | $290,603 |
Housing Distribution
Address Breakdown
Residential
3,740
Single Family
3,421
Multi-Family
319
Businesses
253
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Listed by: Patrick Tuttle • Coldwell Banker Heritage R E
Mls Name: GEPAR
Mls ID: #926976