2548 Katheryne CirSilver CityNM88061
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
Investment Highlights
Investment property for sale in Silver City at 2548 Katheryne Cir, Silver City, NM, 88061 offers a 10.21% rental yield on a $268,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,312/mo payment leaves $707/mo available for distribution. Annual cash flow reaches $8,480/yr on $88,842 to close, and return on cash invested stands at 29.45% in year one. Equity gained on principal adds $1,729/yr while 5% annual appreciation supports $74,043 over five years. Portfolio math shows five-year ROI at 153.61% and total cumulative return in cash at $136,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,312/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy K Bauer • Better Homes and Gardens Real Estate | Silver City
Mls Name: SCRMLS
Mls ID: #41174