217 S Pearl StDemingNM88030
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
Investment property for sale in Deming at 217 S Pearl St, Deming, NM, 88030 uses $79,229 cash to close to unlock $1,020/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $1,170/mo payment keeps the spread at $85/mo. Purchase price stands at $239,000, and rental yield measures 7.47% with $1,488/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $86,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gladys Camacho • Corral Realty Group
Mls Name: New Mexico MLS
Mls ID: #20257128