2829 Tiffany RdTucumcariNM88401
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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 Tucumcari at 2829 Tiffany Rd, Tucumcari, NM, 88401 priced at $219,000 pairs $1,520/mo rent with $234/mo cash flow after a $1,072/mo payment. Total monthly income equals $1,520/mo, and annual cash flow comes to $2,814/yr on $72,599 invested. Return on cash invested is 23.78% in year one, and rental yield stands at 8.33% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 123.22% and total cumulative return in cash reaches $89,457. For financing, Ziffy Mortgage’s DSCR program evaluates $1,520/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: Tonya Rigdon • Trousdale Real Estate
Mls Name: My State MLS
Mls ID: #11118378