254 Caballo BlancoMimbresNM88049
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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 Mimbres at 254 Caballo Blanco, Mimbres, NM, 88049 offers a 6.49% rental yield on a $475,000 purchase with $2,567/mo rent. 22% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 93.38% and total cumulative return in cash at $147,043. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,567/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
2.49 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: Sydney N Thayer • Smith Real Estate & Prop. Mgmt.
Mls Name: SCRMLS
Mls ID: #41445