26760 Us Highway 70GlencoeNM88324
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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
Total monthly income runs $3,916/mo, and a $7,826/mo payment. Purchase price stands at $1,599,000, and rental yield measures 2.94% with $3,916/mo rent. Return on cash invested shows 7.7% in year one, and 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 36.85% and total cumulative return in cash records $190,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,916/mo property income covering a $7,826/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88324, Glencoe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 71 (100%) |
| Owner Occupied HU | 36 (50.7%) |
| Renter Occupied HU | 13 (18.3%) |
| Vacant Housing Units | 22 (31.0%) |
| Median Home Value | $283,333 |
| Average Home Value | $478,264 |
Housing Distribution
Address Breakdown
Residential
28
Single Family
28
Multi-Family
0
Businesses
6
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Listed by: Gavin Bigger • Berkshire Hathaway Home Services Enchanted Lands, REALTORS - Ruidoso
Mls Name: RLCMLS
Mls ID: #133171