302 Ciniza CtGallupNM87301
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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 Gallup at 302 Ciniza Ct, Gallup, NM, 87301 priced at $343,000 pairs $2,452/mo rent with $439/mo cash flow after a $1,679/mo payment. Total monthly income equals $2,452/mo, and annual cash flow comes to $5,263/yr on $113,705 invested. Return on cash invested is 24.54% in year one, and rental yield stands at 8.58% on a $343,000 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,765 by year five. Five-year ROI measures 127.27% and total cumulative return in cash reaches $144,708. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $1,679/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87301, Gallup, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,490 (100%) |
| Owner Occupied HU | 7,254 (58.1%) |
| Renter Occupied HU | 4,131 (33.1%) |
| Vacant Housing Units | 1,105 ( 8.8%) |
| Median Home Value | $112,050 |
| Average Home Value | $166,876 |
Housing Distribution
Address Breakdown
Residential
6,941
Single Family
6,583
Multi-Family
358
Businesses
983
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Listed by: Valentine Olson • Cedar & Ivy Real Estate, LLC
Mls Name: New Mexico MLS
Mls ID: #20253522