304 Heath Dr, Ruidoso, NM, 88345 | 5.38% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ruidoso at 304 Heath Dr, Ruidoso, NM, 88345 earns from $2,686/mo rent with a $2,932/mo payment. Total monthly income totals $2,686/mo. ROI tracks 15.01% on current figures, and rental yield reads 5.38% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 76.08% and total cumulative return in cash sums $149,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,686/mo property income instead of your personal income.

Single Family

Built in 1995

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,209 (100%)
Owner Occupied HU	2,960 (32.1%)
Renter Occupied HU	1,086 (11.8%)
Vacant Housing Units	5,163 (56.1%)
Median Home Value	$259,653
Average Home Value	$394,541