31 Mangham CtPeraltaNM87042
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 Peralta at 31 Mangham Ct, Peralta, NM, 87042 priced at $620,000 pairs $3,646/mo rent with $7/mo cash flow after a $3,035/mo payment. Total monthly income equals $3,646/mo, and annual cash flow comes to $78/yr on $203,980 invested. Return on cash invested is 20.1% in year one, and rental yield stands at 7.06% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. Five-year ROI measures 103.41% and total cumulative return in cash reaches $210,939. For financing, Ziffy Mortgage’s DSCR program evaluates $3,646/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87042, Peralta, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,317 (100%) |
| Owner Occupied HU | 1,067 (81.0%) |
| Renter Occupied HU | 182 (13.8%) |
| Vacant Housing Units | 68 ( 5.2%) |
| Median Home Value | $335,787 |
| Average Home Value | $367,109 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Gilmore Mosley • Vista Encantada Realtors, LLC
Mls Name: SWMLS
Mls ID: #1096217