2521 S Granite StDemingNM88030
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2521 S Granite St, Deming, NM, 88030 in Deming at $210,000 earns $1,391/mo in rent and nets $158/mo after the $944/mo payment, a 7.95% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $58,019 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $1,934/yr in principal paydown, total projected return reaches $89,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 9.2% |
| Monthly Cash Flow | $158 | $650 |
City averages based on Deming market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,391 |
| Total Monthly Debt Service | $1,149 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2018
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
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
Manufactured
Built in 2018
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Luna • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20253288
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.