263 Hay Patch DrFort SumnerNM88119
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing263 Hay Patch Dr, Fort Sumner, NM, 88119 in Fort Sumner is a stable, well-positioned rental at $549,000. Rental yield 6.48%. DSCR 1.20 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $151,679 in value and $5,056/yr in principal paydown builds equity, a total projected return of $190,765.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.2% |
| Monthly Cash Flow | $(258) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,964 |
| Total Monthly Debt Service | $3,004 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
10.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88119, Fort Sumner, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 536 (52.5%) |
| Renter Occupied HU | 168 (16.5%) |
| Vacant Housing Units | 316 (31.0%) |
| Median Home Value | $261,957 |
| Average Home Value | $490,145 |
Housing Distribution
Address Breakdown
Residential
382
Single Family
382
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2007
10.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88119, Fort Sumner, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 536 (52.5%) |
| Renter Occupied HU | 168 (16.5%) |
| Vacant Housing Units | 316 (31.0%) |
| Median Home Value | $261,957 |
| Average Home Value | $490,145 |
Housing Distribution
Address Breakdown
Residential
382
Single Family
382
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: AMMLS
Mls ID: #26-1209