215 Nightwatchers RdGarfieldNM87936
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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 Garfield at 215 Nightwatchers Rd, Garfield, NM, 87936 listed at $170,000 pairs $1,298/mo rent with a $832/mo payment to leave $300/mo cash flow. Total monthly income runs $1,298/mo, and annual cash flow reaches $3,603/yr on $56,355 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.16% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 136.74% and total cumulative return in cash totals $77,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,298/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2015
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87936, Garfield, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 129 (71.7%) |
| Renter Occupied HU | 24 (13.3%) |
| Vacant Housing Units | 27 (15.0%) |
| Median Home Value | $150,962 |
| Average Home Value | $281,570 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
7
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Listed by: Benjamin T Abeyta • RE/MAX Classic Realty
Mls Name: SNMMLS
Mls ID: #2502272