294 Des Moines RdHagermanNM88232
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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 Hagerman at 294 Des Moines Rd, Hagerman, NM, 88232 at $215,000 posts ROI 34.53% with $868/mo cash flow from $2,130/mo rent. Total monthly income equals $2,130/mo, and annual cash flow records $10,421/yr on $71,273 to close. Return on cash invested measures 34.53% and rental yield reads 11.89% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 180.88% and total cumulative return in cash totals $128,917.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88232, Hagerman, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 491 (61.8%) |
| Renter Occupied HU | 181 (22.8%) |
| Vacant Housing Units | 122 (15.4%) |
| Median Home Value | $144,485 |
| Average Home Value | $211,029 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
36
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Listed by: Marcia Tidwell • Century 21 Home Planning Roswell
Mls Name: New Mexico MLS
Mls ID: #20245027