34 Halcon RdRamahNM87321
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 34 Halcon Rd, Ramah, NM, 87321 in Ramah hard to pass up. The 11.15% gross yield on a $299,000 purchase results in $1,592/mo in rent and $1,005/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.18). Annual cash flow of $12,061, five-year appreciation of $82,608, and $2,754/yr in equity build-up combine for a projected total cumulative return of $101,388.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $1,005 | $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 | $1,592 |
| Total Monthly Debt Service | $1,655 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1997
5.64 Acres lot
$N/A/sqft
$230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87321, Ramah, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 189 (61.0%) |
| Renter Occupied HU | 46 (14.8%) |
| Vacant Housing Units | 75 (24.2%) |
| Median Home Value | $213,806 |
| Average Home Value | $217,249 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
5.64 Acres lot
$N/A/sqft
$230 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87321, Ramah, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 189 (61.0%) |
| Renter Occupied HU | 46 (14.8%) |
| Vacant Housing Units | 75 (24.2%) |
| Median Home Value | $213,806 |
| Average Home Value | $217,249 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia G Anderson • Berkshire Hathaway Home Svc NM
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084532
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.