2614 S 3rd StTucumcariNM88401
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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 Tucumcari at 2614 S 3rd St, Tucumcari, NM, 88401 earns from $1,501/mo rent with a $1,346/mo payment. Total monthly income totals $1,501/mo. ROI tracks 18.42% on current figures, and rental yield reads 6.55% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 94.43% and total cumulative return in cash sums $86,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,501/mo property income instead of your personal income.
Single Family
Built in N/A
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: Tonya Rigdon • Trousdale Real Estate
Mls Name: My State MLS
Mls ID: #11447625