19 Road 1499La PlataNM87418
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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 La Plata at 19 Road 1499, La Plata, NM, 87418 generates $2,422/mo in rent and, after a $1,541/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,422/mo, and annual cash flow is $6,888/yr on $104,389 invested. Return on cash invested sits at 26.51% in year one, and rental yield is 9.23% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash sums $143,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,422/mo property income rather than buyer’s personal income.
Manufactured
Built in 2006
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87418, La Plata, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 357 (100%) |
| Owner Occupied HU | 284 (79.6%) |
| Renter Occupied HU | 52 (14.6%) |
| Vacant Housing Units | 21 ( 5.9%) |
| Median Home Value | $259,722 |
| Average Home Value | $278,134 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
20
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Listed by: Elizabeth M Tafoya • RE/MAX of Farmington
Mls Name: SJCMLS
Mls ID: #25-1400