3103 S 9th StDemingNM88030
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.96% yield at 3103 S 9th St, Deming, NM, 88030 in Deming is solid, but the $549/mo payment compresses net cash flow to $195/mo at $122,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $33,706 by year five, and $1,124/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.66) without U.S. income documentation. Total projected return: $58,662.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 9.2% |
| Monthly Cash Flow | $195 | $650 |
City averages based on Deming market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $911 |
| Total Monthly Debt Service | $668 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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
Single Family
Built in 1978
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Christensen Jr • Sun Country Realtors
Mls Name: New Mexico MLS
Mls ID: #20256061