341 E 9th StCimarronNM87714
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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 Cimarron at 341 E 9th St, Cimarron, NM, 87714 listed at $225,000 pairs $1,180/mo rent with a $1,101/mo payment. Total monthly income runs $1,180/mo. Return on cash invested measures 17.65% in year one, and rental yield registers 6.29% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 90.32% and total cumulative return in cash totals $67,365. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,180/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87714, Cimarron, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 894 (100%) |
| Owner Occupied HU | 420 (47.0%) |
| Renter Occupied HU | 130 (14.5%) |
| Vacant Housing Units | 344 (38.5%) |
| Median Home Value | $243,478 |
| Average Home Value | $421,792 |
Housing Distribution
Address Breakdown
Residential
256
Single Family
256
Multi-Family
0
Businesses
56
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Listed by: Kimberly N Smallwood • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #114147