2 E Hickey RdPie TownNM87827
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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 Pie Town at 2 E Hickey Rd, Pie Town, NM, 87827 offers a 2.14% rental yield on a $924,725 purchase with $1,651/mo rent. 16% in year one. Equity gained on principal adds $5,967/yr while 5% annual appreciation supports $255,484 over five years. Portfolio math shows five-year ROI at 23.32% and total cumulative return in cash at $70,954. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,651/mo property income against a $4,526/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
393 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87827, Pie Town, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 315 (57.0%) |
| Renter Occupied HU | 47 ( 8.5%) |
| Vacant Housing Units | 191 (34.5%) |
| Median Home Value | $241,250 |
| Average Home Value | $248,317 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
29
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Listed by: Jay Platt • St. James Sporting Properties
Mls Name: REALSTACK
Mls ID: #56299