210 Tierra Verde CirElephant ButteNM79835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elephant Butte at 210 Tierra Verde Cir, Elephant Butte, NM, 79835 offers $2,834/mo rent that, after a $2,565/mo payment. Total monthly income is $2,834/mo. Return on cash invested measures 17.33% in year one, and rental yield stands at 6.49% at a $524,000 entry. Equity gained on principal adds $3,381/yr while 5% annual appreciation compounds into $144,772 by year five. Five-year ROI records 88.97% and total cumulative return in cash reaches $153,379. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,834/mo property income versus a $2,565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79835, Canutillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,936 (67.1%) |
| Renter Occupied HU | 1,133 (25.9%) |
| Vacant Housing Units | 309 ( 7.1%) |
| Median Home Value | $201,282 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,730
Multi-Family
7
Businesses
473
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Nearby investment properties with comparable prices
Listed by: N/A • Turtleback Mountain Golf & Resort
Mls Name: Turtleback Mountain Golf & Resort
Mls ID: #N/A