2545 S Shore DrLoganNM88426
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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 Logan at 2545 S Shore Dr, Logan, NM, 88426 uses $145,529 cash to close to unlock $359/yr annual cash flow and $30/mo monthly cash flow. Total monthly income runs $2,788/mo, and a $2,149/mo payment keeps the spread at $30/mo. Purchase price stands at $439,000, and rental yield measures 7.62% with $2,788/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 104.28% and total cumulative return in cash records $151,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,788/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88426, Logan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 400 (37.1%) |
| Renter Occupied HU | 93 ( 8.6%) |
| Vacant Housing Units | 585 (54.3%) |
| Median Home Value | $102,594 |
| Average Home Value | $139,806 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
48
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Listed by: Tj Smith • Ute Lake Premier Properties, LLC
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20231279
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.