202 Ploen LnTruth Or ConsequencesNM87901
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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
Rental property for sale in Truth Or Consequences at 202 Ploen Ln, Truth Or Consequences, NM, 87901 priced at $149,000 pairs $1,074/mo rent with $200/mo cash flow after a $729/mo payment. Total monthly income equals $1,074/mo, and annual cash flow comes to $2,397/yr on $49,394 invested. Return on cash invested is 24.76% in year one, and rental yield stands at 8.65% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 128.45% and total cumulative return in cash reaches $63,448. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2001
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87901, Truth Or Consequences, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 2,340 (47.8%) |
| Renter Occupied HU | 1,260 (25.7%) |
| Vacant Housing Units | 1,296 (26.5%) |
| Median Home Value | $114,193 |
| Average Home Value | $142,601 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,091
Multi-Family
76
Businesses
373
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Listed by: Laneer Wrye • Cripple Creek Realty
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20252705
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.