253 Valle De UvasMimbresNM88049
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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 Mimbres at 253 Valle De Uvas, Mimbres, NM, 88049 priced at $106,043 converts $1,349/mo rent into $727/mo cash flow after a $519/mo obligation. Total monthly income equals $1,349/mo, and annual cash flow totals $8,719/yr on $35,153 invested. Return on cash invested prints 44.71% in year one, and rental yield reads 15.27% against a $106,043 entry. Equity gained on principal adds $684/yr, while 5% annual appreciation compiles into $29,298 by year five. Five-year ROI reaches 235.49% and total cumulative return in cash sums $82,781. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,349/mo property income covering a $519/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
0.75 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: N/A • N/A
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