2109 S 8th StTucumcariNM88401
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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 Tucumcari at 2109 S 8th St, Tucumcari, NM, 88401 uses $44,753 cash to close to unlock $3,580/yr annual cash flow and $298/mo monthly cash flow. Total monthly income runs $1,091/mo, and a $661/mo payment keeps the spread at $298/mo. Purchase price stands at $135,000, and rental yield measures 9.7% with $1,091/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 145.41% and total cumulative return in cash records $65,077. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,091/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
8,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: Kathy Segura • Re/Max First Place Realtors Clovis
Mls Name: New Mexico MLS
Mls ID: #20255063