3327 Highway 518ClevelandNM87715
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 3327 Highway 518, Cleveland, NM, 87715 in Cleveland hard to pass up. The 13.41% gross yield on a $149,900 purchase results in $1,675/mo in rent and $795/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.49). Annual cash flow of $9,544, five-year appreciation of $41,415, and $1,381/yr in equity build-up combine for a projected total cumulative return of $107,807.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 6.2% |
| Monthly Cash Flow | $795 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,675 |
| Total Monthly Debt Service | $820 |
| DSCR Ratio | 2.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1995
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87715, Cleveland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 198 (58.9%) |
| Renter Occupied HU | 30 ( 8.9%) |
| Vacant Housing Units | 108 (32.1%) |
| Median Home Value | $167,647 |
| Average Home Value | $171,869 |
Housing Distribution
Address Breakdown
Residential
16
Single Family
16
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Manufactured
Built in 1995
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87715, Cleveland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 198 (58.9%) |
| Renter Occupied HU | 30 ( 8.9%) |
| Vacant Housing Units | 108 (32.1%) |
| Median Home Value | $167,647 |
| Average Home Value | $171,869 |
Housing Distribution
Address Breakdown
Residential
16
Single Family
16
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Leland Titus • Santa Fe Realty Unlimited
Mls Name: New Mexico MLS
Mls ID: #20254399