277 Rowe Grade RdGlenwoodNM88039
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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 Glenwood at 277 Rowe Grade Rd, Glenwood, NM, 88039 with 5% annual appreciation on a $246,093 basis while $1,666/mo rent supports operations. Total monthly income totals $1,666/mo and a $1,205/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,653/yr on $81,580 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $1,588/yr, and five-year appreciation sums $67,991 alongside rental yield of 8.12%. Five-year ROI measures 119.92% and total cumulative return in cash totals $97,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,666/mo property income versus a $1,205/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
380 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88039, Glenwood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 167 (55.3%) |
| Renter Occupied HU | 25 ( 8.3%) |
| Vacant Housing Units | 110 (36.4%) |
| Median Home Value | $155,147 |
| Average Home Value | $264,521 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
36
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Listed by: N/A • N/A
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