27 Crook DrArtesiaNM88210
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Artesia at 27 Crook Dr, Artesia, NM, 88210 offers $5,580/mo rent that, after a $1,615/mo payment, leaves $3,643/mo cash flow. Total monthly income is $5,580/mo, and annual cash flow is $43,719/yr on $109,395 cash. Return on cash invested measures 59.87% in year one, and rental yield stands at 20.29% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 316.75% and total cumulative return in cash reaches $346,511. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,580/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88210, Artesia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 5,031 (62.5%) |
| Renter Occupied HU | 2,170 (26.9%) |
| Vacant Housing Units | 851 (10.6%) |
| Median Home Value | $230,155 |
| Average Home Value | $280,161 |
Housing Distribution
Address Breakdown
Residential
6,880
Single Family
6,379
Multi-Family
501
Businesses
472
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ramona Kilpatrick • Re/Max Axiom
Mls Name: New Mexico MLS
Mls ID: #20255336