321 Neal AveEagle NestNM87718
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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 Eagle Nest at 321 Neal Ave, Eagle Nest, NM, 87718 uses $114,368 cash to close to unlock $4,843/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,689/mo payment keeps the spread at $404/mo. Purchase price stands at $345,000, and rental yield measures 8.45% with $2,429/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash records $143,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87718, Eagle Nest, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,006 (100%) |
| Owner Occupied HU | 249 (24.8%) |
| Renter Occupied HU | 77 ( 7.7%) |
| Vacant Housing Units | 680 (67.6%) |
| Median Home Value | $182,500 |
| Average Home Value | $298,805 |
Housing Distribution
Address Breakdown
Residential
70
Single Family
70
Multi-Family
0
Businesses
25
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Listed by: The Weeks Group • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #112925
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of ECAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.