33 Oakwood AveSilver CityNM88061
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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 Silver City at 33 Oakwood Ave, Silver City, NM, 88061 with 5% annual appreciation on a $239,000 basis while $1,291/mo rent supports operations. 21% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 6.48%. Five-year ROI measures 93.3% and total cumulative return in cash totals $73,920. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,291/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88061, Silver City, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,354 (59.8%) |
| Renter Occupied HU | 2,264 (25.3%) |
| Vacant Housing Units | 1,340 (15.0%) |
| Median Home Value | $217,889 |
| Average Home Value | $241,339 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,980
Multi-Family
160
Businesses
597
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Listed by: Alexa Trujillo • Enchantment Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #41082
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.