27494 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
Rental property for sale in Glencoe at 27494 Us Highway 70, Glencoe, NM, 88324 generates $0/mo in rent, after a $4,890/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.35% in year one, and rental yield is 0% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
13.44 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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No similar rental properties found nearby.
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Listed by: Keli L. Cox • Zia Real Estate
Mls Name: RLCMLS
Mls ID: #133260