202 N Jefferson StColumbusNM88029
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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 Columbus at 202 N Jefferson St, Columbus, NM, 88029 at $160,000 posts ROI 26.9% with $309/mo cash flow from $1,248/mo rent. Total monthly income equals $1,248/mo, and annual cash flow records $3,708/yr on $53,040 to close. Return on cash invested measures 26.9% and rental yield reads 9.36% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 139.91% and total cumulative return in cash totals $74,210.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,248/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88029, Columbus, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 411 (62.7%) |
| Renter Occupied HU | 123 (18.7%) |
| Vacant Housing Units | 122 (18.6%) |
| Median Home Value | $117,463 |
| Average Home Value | $138,966 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Nearby investment properties with comparable prices
Listed by: Eva Luna • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls ID: #20256627