231 Cedar Crest RdNogalNM88341
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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 Nogal at 231 Cedar Crest Rd, Nogal, NM, 88341 at $840,000 posts ROI -1.35% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -1.35% and rental yield reads 0% at the current $840,000. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,077 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88341, Nogal, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 292 (63.9%) |
| Renter Occupied HU | 36 ( 7.9%) |
| Vacant Housing Units | 129 (28.2%) |
| Median Home Value | $366,667 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Erika Perry • Hilo Real Estate
Mls Name: New Mexico MLS
Mls ID: #20255728