2315 State Highway 36Fence LakeNM87315
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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 Fence Lake at 2315 State Highway 36, Fence Lake, NM, 87315 listed at $315,800 pairs $2,041/mo rent with a $1,546/mo payment to leave $187/mo cash flow. Total monthly income runs $2,041/mo, and annual cash flow reaches $2,245/yr on $104,688 cash to close. Return on cash invested measures 22.05% in year one, and rental yield registers 7.76% at a $315,800 basis. Equity gained on principal adds $2,038/yr, and annual property appreciation at 5% supports $87,250 by year five. Five-year ROI tracks 113.95% and total cumulative return in cash totals $119,296. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,041/mo property income relative to a $1,546/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
15.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87315, Fence Lake, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 151 (100%) |
| Owner Occupied HU | 89 (58.9%) |
| Renter Occupied HU | 10 ( 6.6%) |
| Vacant Housing Units | 52 (34.4%) |
| Median Home Value | $180,227 |
| Average Home Value | $153,090 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
5
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Listed by: N/A • N/A
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