3 Starfish DrThoreauNM87323
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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 Thoreau at 3 Starfish Dr, Thoreau, NM, 87323 priced at $252,000 pairs $1,440/mo rent with after a $1,233/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 19.35% in year one, and rental yield stands at 6.86% on a $252,000 basis. Equity gained on principal adds $1,626/yr, and 5% annual appreciation accumulates to $69,623 by year five. Five-year ROI measures 99.48% and total cumulative return in cash reaches $83,102. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,233/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87323, Thoreau, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,142 (66.6%) |
| Renter Occupied HU | 281 (16.4%) |
| Vacant Housing Units | 291 (17.0%) |
| Median Home Value | $93,973 |
| Average Home Value | $145,976 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
52
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Listed by: N/A • N/A
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Mls ID: #N/A