2408 S 10th StTucumcariNM88401
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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
Rental property for sale in Tucumcari at 2408 S 10th St, Tucumcari, NM, 88401 generates $1,852/mo in rent and, after a $933/mo payment, leaves $733/mo in cash flow. Total monthly income is $1,852/mo, and annual cash flow is $8,797/yr on $63,217 invested. Return on cash invested sits at 33.82% in year one, and rental yield is 11.65% on a $190,700 entry. Equity gained on principal adds $1,231/yr, while 5% annual appreciation builds toward $52,687 over five years. Five-year ROI reaches 177.11% and total cumulative return in cash sums $111,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,852/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: N/A • N/A
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