310 E 9th StLordsburgNM88045
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 Lordsburg at 310 E 9th St, Lordsburg, NM, 88045 uses $41,438 cash to close to unlock $2,930/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $978/mo, and a $612/mo payment keeps the spread at $244/mo. Purchase price stands at $125,000, and rental yield measures 9.39% with $978/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 140.44% and total cumulative return in cash records $58,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88045, Lordsburg, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 907 (56.3%) |
| Renter Occupied HU | 369 (22.9%) |
| Vacant Housing Units | 334 (20.7%) |
| Median Home Value | $101,689 |
| Average Home Value | $132,412 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,193
Multi-Family
50
Businesses
162
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Hernandez • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls ID: #20257106