304 Swallow PlCloudcroftNM88317
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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 Cloudcroft at 304 Swallow Pl, Cloudcroft, NM, 88317 with 5% annual appreciation on a $255,500 basis while $1,704/mo rent supports operations. Total monthly income totals $1,704/mo and a $1,251/mo payment preserves $204/mo for cash returns. Annual cash flow comes to $2,447/yr on $84,698 deployed, and return on cash invested reaches 22.8% in year one. Equity gained on principal adds $1,649/yr, and five-year appreciation sums $70,590 alongside rental yield of 8%. Five-year ROI measures 117.9% and total cumulative return in cash totals $99,861.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,704/mo property income versus a $1,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Michelle Wilson • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls ID: #171418