205 Ruth RdNogalNM88341
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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 Nogal at 205 Ruth Rd, Nogal, NM, 88341 priced at $367,300 converts $2,238/mo rent into $82/mo cash flow after a $1,798/mo obligation. Total monthly income equals $2,238/mo, and annual cash flow totals $983/yr on $121,760 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 7.31% against a $367,300 entry. Equity gained on principal adds $2,370/yr, while 5% annual appreciation compiles into $101,478 by year five. Five-year ROI reaches 106.73% and total cumulative return in cash sums $129,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,238/mo property income covering a $1,798/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88341, Nogal, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 292 (63.9%) |
| Renter Occupied HU | 36 ( 7.9%) |
| Vacant Housing Units | 129 (28.2%) |
| Median Home Value | $366,667 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
8
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Listed by: N/A • N/A
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