2 Road 6693FruitlandNM87416
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2 Road 6693, Fruitland, NM, 87416 in Fruitland the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $145,000 price is below income-first thresholds, but 5%/yr value growth projects $40,061 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $34.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87416, Fruitland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 353 (72.3%) |
| Renter Occupied HU | 96 (19.7%) |
| Vacant Housing Units | 39 ( 8.0%) |
| Median Home Value | $188,782 |
| Average Home Value | $203,038 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
105
Multi-Family
16
Businesses
55
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87416, Fruitland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 353 (72.3%) |
| Renter Occupied HU | 96 (19.7%) |
| Vacant Housing Units | 39 ( 8.0%) |
| Median Home Value | $188,782 |
| Average Home Value | $203,038 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
105
Multi-Family
16
Businesses
55
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jared English • Congress Realty, Inc.
Mls Name: New Mexico MLS
Mls ID: #20256842