23 Arrowhead DrQuemadoNM87829
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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 Quemado at 23 Arrowhead Dr, Quemado, NM, 87829 uses $102,434 cash to close to unlock $13,173/yr annual cash flow and $1,098/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $1,512/mo payment keeps the spread at $1,098/mo. Purchase price stands at $309,000, and rental yield measures 11.3% with $2,911/mo rent. Return on cash invested shows 32.77% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 171.37% and total cumulative return in cash records $175,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1982
24.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87829, Quemado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 262 (43.6%) |
| Renter Occupied HU | 39 ( 6.5%) |
| Vacant Housing Units | 300 (49.9%) |
| Median Home Value | $240,909 |
| Average Home Value | $247,719 |
Housing Distribution
Address Breakdown
Residential
349
Single Family
349
Multi-Family
0
Businesses
58
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Listed by: Jennifer Lee • CATRON COUNTY REALTY
Mls Name: My State MLS
Mls ID: #11351083