3207 Grey Hill CirGallupNM87301
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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 Gallup at 3207 Grey Hill Cir, Gallup, NM, 87301 offers a 8.35% rental yield on a $293,000 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,434/mo payment leaves $320/mo available for distribution. Annual cash flow reaches $3,844/yr on $97,130 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,891/yr while 5% annual appreciation supports $80,951 over five years. Portfolio math shows five-year ROI at 123.67% and total cumulative return in cash at $120,118. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,434/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87301, Gallup, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,490 (100%) |
| Owner Occupied HU | 7,254 (58.1%) |
| Renter Occupied HU | 4,131 (33.1%) |
| Vacant Housing Units | 1,105 ( 8.8%) |
| Median Home Value | $112,050 |
| Average Home Value | $166,876 |
Housing Distribution
Address Breakdown
Residential
6,941
Single Family
6,583
Multi-Family
358
Businesses
983
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Listed by: Amparo Usrey • Cedar & Ivy Real Estate, LLC
Mls Name: New Mexico MLS
Mls ID: #20255781