31 Bluff RdThoreauNM87323
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
Investment property for sale in Thoreau at 31 Bluff Rd, Thoreau, NM, 87323 at $145,000 posts ROI 30.51% with $425/mo cash flow from $1,276/mo rent. Total monthly income equals $1,276/mo, and annual cash flow records $5,095/yr on $48,068 to close. Return on cash invested measures 30.51% and rental yield reads 10.56% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 159.32% and total cumulative return in cash totals $76,580.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,276/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
5.07 Acres 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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Nearby investment properties with comparable prices
Listed by: Candas Jaramillo • Riverwalk Realty LLC
Mls Name: New Mexico MLS
Mls ID: #20255559