206 Coyote AveCloudcroftNM88317
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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 Cloudcroft at 206 Coyote Ave, Cloudcroft, NM, 88317 uses $112,213 cash to close to unlock $3,432/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $2,273/mo, and a $1,657/mo payment keeps the spread at $286/mo. Purchase price stands at $338,500, and rental yield measures 8.06% with $2,273/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $93,521 over five years. Five-year ROI reaches 118.81% and total cumulative return in cash records $133,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,273/mo property income covering a $1,657/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A