200 Camino EncantadoElephant ButteNM87935
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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 Elephant Butte at 200 Camino Encantado, Elephant Butte, NM, 87935 earns $801/mo cash flow from $1,519/mo rent with a $599/mo payment. Total monthly income totals $1,519/mo, and annual cash flow totals $9,609/yr on $40,542 capital. ROI tracks 43.61% on current figures, and rental yield reads 14.9% at a $122,300 purchase. Equity gained on principal adds $789/yr, and 5% annual appreciation supports $33,789 over five years. Five-year ROI reaches 229.53% and total cumulative return in cash sums $93,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,519/mo property income instead of your personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87935, Elephant Butte, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,222 (100%) |
| Owner Occupied HU | 604 (49.4%) |
| Renter Occupied HU | 110 ( 9.0%) |
| Vacant Housing Units | 508 (41.6%) |
| Median Home Value | $209,091 |
| Average Home Value | $209,441 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
99
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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