2536 N Kimberly DrSilver CityNM88061
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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 Silver City at 2536 N Kimberly Dr, Silver City, NM, 88061 uses $114,368 cash to close to unlock $3,043/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $2,279/mo, and a $1,689/mo payment keeps the spread at $254/mo. Purchase price stands at $345,000, and rental yield measures 7.93% with $2,279/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash records $133,468. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,279/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88061, Silver City, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,354 (59.8%) |
| Renter Occupied HU | 2,264 (25.3%) |
| Vacant Housing Units | 1,340 (15.0%) |
| Median Home Value | $217,889 |
| Average Home Value | $241,339 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,980
Multi-Family
160
Businesses
597
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Listed by: Linda H Rowse • Enchantment Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40946
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.