218 Chalcocite StTyroneNM88065
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 Tyrone at 218 Chalcocite St, Tyrone, NM, 88065 priced at $245,000 converts $1,634/mo rent into $196/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,634/mo, and annual cash flow totals $2,354/yr on $81,218 invested. Return on cash invested prints 22.81% in year one, and rental yield reads 8% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 118.01% and total cumulative return in cash sums $95,844. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,634/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1966
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88065, Tyrone, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 229 (73.9%) |
| Renter Occupied HU | 64 (20.6%) |
| Vacant Housing Units | 17 ( 5.5%) |
| Median Home Value | $227,941 |
| Average Home Value | $241,681 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynette M Holguin • Century 21 Hacienda Realty
Mls Name: SCRMLS
Mls ID: #41041