317 Gonzalez RdLa MesaNM88044
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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
Rental property for sale in La Mesa at 317 Gonzalez Rd, La Mesa, NM, 88044 priced at $200,000 pairs $1,442/mo rent with $268/mo cash flow after a $979/mo payment. Total monthly income equals $1,442/mo, and annual cash flow comes to $3,216/yr on $66,300 invested. Return on cash invested is 24.76% in year one, and rental yield stands at 8.65% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 128.43% and total cumulative return in cash reaches $85,148. For financing, Ziffy Mortgage’s DSCR program evaluates $1,442/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88044, La Mesa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 983 (72.5%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 137 (10.1%) |
| Median Home Value | $265,588 |
| Average Home Value | $275,206 |
Housing Distribution
Address Breakdown
Residential
871
Single Family
871
Multi-Family
0
Businesses
28
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Listed by: Joel Galvan • United Country Real Estate Salopek Realty
Mls Name: SNMMLS
Mls ID: #2502649
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.