210 E Buena Suerte DrHobbsNM88242
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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 Hobbs at 210 E Buena Suerte Dr, Hobbs, NM, 88242 priced at $289,900 pairs $2,520/mo rent with $818/mo cash flow after a $1,419/mo payment. Total monthly income equals $2,520/mo, and annual cash flow comes to $9,820/yr on $96,102 invested. Return on cash invested is 30.13% in year one, and rental yield stands at 10.43% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 157.24% and total cumulative return in cash reaches $151,113. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88242, Hobbs, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,107 (100%) |
| Owner Occupied HU | 2,395 (77.1%) |
| Renter Occupied HU | 481 (15.5%) |
| Vacant Housing Units | 231 ( 7.4%) |
| Median Home Value | $305,246 |
| Average Home Value | $342,977 |
Housing Distribution
Address Breakdown
Residential
3,112
Single Family
3,039
Multi-Family
73
Businesses
44
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Listed by: Rodney Davis • United Realty, LLC - Hobbs
Mls Name: New Mexico MLS
Mls ID: #20256218