22 Road 6427KirtlandNM87417
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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 Kirtland at 22 Road 6427, Kirtland, NM, 87417 uses $103,892 cash to close to unlock $7,853/yr annual cash flow and $654/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,534/mo payment keeps the spread at $654/mo. Purchase price stands at $313,400, and rental yield measures 9.55% with $2,494/mo rent. Return on cash invested shows 27.47% in year one, and 5% annual appreciation builds toward $86,587 over five years. Five-year ROI reaches 142.98% and total cumulative return in cash records $148,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,534/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87417, Kirtland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 1,376 (67.2%) |
| Renter Occupied HU | 416 (20.3%) |
| Vacant Housing Units | 255 (12.5%) |
| Median Home Value | $194,470 |
| Average Home Value | $205,805 |
Housing Distribution
Address Breakdown
Residential
1,411
Single Family
1,411
Multi-Family
0
Businesses
129
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