2073 State Highway 48CapitanNM88316
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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 Capitan at 2073 State Highway 48, Capitan, NM, 88316 listed at $350,000 pairs $2,318/mo rent with a $1,713/mo payment to leave $264/mo cash flow. Total monthly income runs $2,318/mo, and annual cash flow reaches $3,165/yr on $116,025 cash to close. Return on cash invested measures 22.64% in year one, and rental yield registers 7.95% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 117.05% and total cumulative return in cash totals $135,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,318/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88316, Capitan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 871 (66.8%) |
| Renter Occupied HU | 160 (12.3%) |
| Vacant Housing Units | 273 (20.9%) |
| Median Home Value | $220,045 |
| Average Home Value | $326,917 |
Housing Distribution
Address Breakdown
Residential
244
Single Family
244
Multi-Family
0
Businesses
52
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Listed by: Patrick Valliant • Better Homes & Gardens Real Estate - Steinborn & Associates
Mls Name: RLCMLS
Mls ID: #133353