2020 S 10th StTucumcariNM88401
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Tucumcari at 2020 S 10th St, Tucumcari, NM, 88401 generates $1,025/mo in rent and, after a $651/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,025/mo, and annual cash flow is $2,567/yr on $44,090 invested. Return on cash invested sits at 25.73% in year one, and rental yield is 9.25% on a $133,000 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 133.93% and total cumulative return in cash sums $59,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,025/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonya Rigdon • Trousdale Real Estate
Mls Name: My State MLS
Mls ID: #11336121