318 Bornite StTyroneNM88065
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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 Tyrone at 318 Bornite St, Tyrone, NM, 88065 with 5% annual appreciation on a $204,000 basis while $1,487/mo rent supports operations. Total monthly income totals $1,487/mo and a $998/mo payment preserves $290/mo for cash returns. Annual cash flow comes to $3,481/yr on $67,626 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $1,316/yr, and five-year appreciation sums $56,361 alongside rental yield of 8.75%. Five-year ROI measures 130.09% and total cumulative return in cash totals $87,976.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,487/mo property income versus a $998/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88065, Tyrone, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 229 (73.9%) |
| Renter Occupied HU | 64 (20.6%) |
| Vacant Housing Units | 17 ( 5.5%) |
| Median Home Value | $227,941 |
| Average Home Value | $241,681 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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Listed by: Shelley Scarborough • Century 21 Hacienda Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40945
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.