26303 Us Highway 70 #521Ruidoso DownsNM88346
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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 Ruidoso Downs at 26303 Us Highway 70 #521, Ruidoso Downs, NM, 88346 uses $63,383 cash to close to unlock $8,119/yr annual cash flow and $677/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $936/mo payment keeps the spread at $677/mo. Purchase price stands at $191,200, and rental yield measures 11.29% with $1,799/mo rent. Return on cash invested shows 32.72% in year one, and 5% annual appreciation builds toward $52,825 over five years. Five-year ROI reaches 171.14% and total cumulative return in cash records $108,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $936/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88346, Ruidoso Downs, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,994 (100%) |
| Owner Occupied HU | 962 (48.2%) |
| Renter Occupied HU | 443 (22.2%) |
| Vacant Housing Units | 589 (29.5%) |
| Median Home Value | $160,897 |
| Average Home Value | $267,578 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
727
Multi-Family
102
Businesses
102
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Listed by: N/A • N/A
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