336 N 3rd StRatonNM87740
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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 Raton at 336 N 3rd St, Raton, NM, 87740 offers a 10.91% rental yield on a $165,000 purchase with $1,500/mo rent. Total monthly income registers $1,500/mo, and a $808/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,373/yr on $54,698 to close, and return on cash invested stands at 31.56% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 164.98% and total cumulative return in cash at $90,239. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,500/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
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Listed by: Wesley Seneff • Home Associates, Inc
Mls Name: New Mexico MLS
Mls ID: #20253465