31041 E Highway 64CimarronNM87714
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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 Cimarron at 31041 E Highway 64, Cimarron, NM, 87714 offers a 0% rental yield on a $331,000 purchase with $0/mo rent. 34% in year one. Equity gained on principal adds $2,136/yr while 5% annual appreciation supports $91,449 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,620/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87714, Cimarron, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 894 (100%) |
| Owner Occupied HU | 420 (47.0%) |
| Renter Occupied HU | 130 (14.5%) |
| Vacant Housing Units | 344 (38.5%) |
| Median Home Value | $243,478 |
| Average Home Value | $421,792 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
256
Multi-Family
0
Businesses
56
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Listed by: Kimberly N Smallwood • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #113985