19374 Us Highway 84/285EspanolaNM87532
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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 Espanola at 19374 Us Highway 84/285, Espanola, NM, 87532 uses $130,943 cash to close to unlock $8,183/yr annual cash flow and $682/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,933/mo payment keeps the spread at $682/mo. Purchase price stands at $395,000, and rental yield measures 9.11% with $3,000/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash records $177,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
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Listed by: Richard Mares • Mares Realty
Mls Name: SFARMLS
Mls ID: #202504688