26 Road 1277La PlataNM87418
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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 La Plata at 26 Road 1277, La Plata, NM, 87418 generates $1,416/mo in rent, after a $1,955/mo payment. Total monthly income is $1,416/mo. Return on cash invested sits at 11.5% in year one, and rental yield is 4.25% on a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 57.32% and total cumulative return in cash sums $75,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,416/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87418, La Plata, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 357 (100%) |
| Owner Occupied HU | 284 (79.6%) |
| Renter Occupied HU | 52 (14.6%) |
| Vacant Housing Units | 21 ( 5.9%) |
| Median Home Value | $259,722 |
| Average Home Value | $278,134 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
20
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Listed by: Tyra van Belle • Dimmick Realty
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-422
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.