303 Tulie Gate RdTularosaNM88352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tularosa at 303 Tulie Gate Rd, Tularosa, NM, 88352 priced at $215,000 converts $1,642/mo rent into $380/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,642/mo, and annual cash flow totals $4,565/yr on $71,273 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.16% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 136.8% and total cumulative return in cash sums $97,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,642/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Manufactured
Built in 2000
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88352, Tularosa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,505 (100%) |
| Owner Occupied HU | 1,694 (67.6%) |
| Renter Occupied HU | 415 (16.6%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $217,742 |
| Average Home Value | $255,108 |
Housing Distribution
Address Breakdown
Residential
1,962
Single Family
1,962
Multi-Family
0
Businesses
120
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Listed by: Brittany Wilson • Pinnacle Real Estate & Dev
Mls Name: RLCMLS
Mls ID: #133348