2 Log House RdGlorietaNM87535
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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 Glorieta at 2 Log House Rd, Glorieta, NM, 87535 with 5% annual appreciation on a $560,000 basis while $1,800/mo rent supports operations. 38% in year one. Equity gained on principal adds $3,614/yr, and five-year appreciation sums $154,718 alongside rental yield of 3.86%. Five-year ROI measures 51.26% and total cumulative return in cash totals $94,433. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $2,741/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87535, Glorieta, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,046 (100%) |
| Owner Occupied HU | 687 (65.7%) |
| Renter Occupied HU | 178 (17.0%) |
| Vacant Housing Units | 181 (17.3%) |
| Median Home Value | $394,554 |
| Average Home Value | $486,954 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
9
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Listed by: Evan Fraley • Relentless Real Estate
Mls Name: SWMLS
Mls ID: #1094468