26303 Us Highway 70 #522Ruidoso 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 #522, Ruidoso Downs, NM, 88346 earns $525/mo cash flow from $1,832/mo rent with a $1,090/mo payment. Total monthly income totals $1,832/mo, and annual cash flow totals $6,300/yr on $73,792 capital. ROI tracks 28.45% on current figures, and rental yield reads 9.88% at a $222,600 purchase. Equity gained on principal adds $1,436/yr, and 5% annual appreciation supports $61,500 over five years. Five-year ROI reaches 148.18% and total cumulative return in cash sums $109,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,832/mo property income instead of your personal income.
Condo
Built in 1984
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
Mls Name: BHHS broker feed
Mls ID: #131558