249 Manzana RojoMimbresNM88049
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Nearby investment properties with comparable prices
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 Mimbres at 249 Manzana Rojo, Mimbres, NM, 88049 priced at $170,000 pairs $1,489/mo rent with $491/mo cash flow after a $832/mo payment. Total monthly income equals $1,489/mo, and annual cash flow comes to $5,895/yr on $56,355 invested. Return on cash invested is 30.37% in year one, and rental yield stands at 10.51% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 158.59% and total cumulative return in cash reaches $89,373. For financing, Ziffy Mortgage’s DSCR program evaluates $1,489/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2007
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88049, Mimbres, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 242 (61.9%) |
| Renter Occupied HU | 34 ( 8.7%) |
| Vacant Housing Units | 115 (29.4%) |
| Median Home Value | $190,625 |
| Average Home Value | $292,686 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
27
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Listed by: Jennifer Horner • Century 21 Hacienda Realty
Mls Name: SCRMLS
Mls ID: #41092