21 S Oakwood LnRatonNM87740
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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 Raton at 21 S Oakwood Ln, Raton, NM, 87740 priced at $249,900 pairs $1,720/mo rent with $253/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,720/mo, and annual cash flow comes to $3,040/yr on $82,842 invested. Return on cash invested is 23.58% in year one, and rental yield stands at 8.26% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 122.14% and total cumulative return in cash reaches $101,186. For financing, Ziffy Mortgage’s DSCR program evaluates $1,720/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
5.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
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Listed by: Jarrod Tortorelli • Tlc Real Estate Services, Inc.
Mls Name: New Mexico MLS
Mls ID: #20255025