317 Blue Sky LnMesilla ParkNM88047
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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 Mesilla Park at 317 Blue Sky Ln, Mesilla Park, NM, 88047 with 5% annual appreciation on a $425,000 basis while $1,020/mo rent supports operations. 35% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 2.88%. Five-year ROI measures 35.09% and total cumulative return in cash totals $49,433. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,020/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88047, Mesilla Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 667 (71.9%) |
| Renter Occupied HU | 170 (18.3%) |
| Vacant Housing Units | 91 ( 9.8%) |
| Median Home Value | $277,837 |
| Average Home Value | $301,825 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
611
Multi-Family
82
Businesses
195
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Listed by: Christina Lopez • Saenz & Smith Real Estate Co
Mls Name: SNMMLS
Mls ID: #2501447
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.