2 Road 6693FruitlandNM87416
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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
Total monthly income runs $0/mo, and a $710/mo payment. Purchase price stands at $145,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -1.35% in year one, and 5% annual appreciation builds toward $40,061 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $710/mo payment rather than investor’s personal income.
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
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Listed by: Jared English • Congress Realty, Inc.
Mls Name: New Mexico MLS
Mls ID: #20256842