23 Ponderosa DrMayhillNM88339
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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 Mayhill at 23 Ponderosa Dr, Mayhill, NM, 88339 with 5% annual appreciation on a $125,000 basis while $991/mo rent supports operations. Total monthly income totals $991/mo and a $612/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,086/yr on $41,438 deployed, and return on cash invested reaches 27.36% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.51%. Five-year ROI measures 142.49% and total cumulative return in cash totals $59,045.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $991/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88339, Mayhill, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 341 (38.2%) |
| Renter Occupied HU | 52 ( 5.8%) |
| Vacant Housing Units | 499 (55.9%) |
| Median Home Value | $402,717 |
| Average Home Value | $423,387 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
27
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Listed by: Skip Pridemore • Gary Mack Real Estate
Mls Name: OCMLS
Mls ID: #171883