35 Griffin RdMoriartyNM87035
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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 Moriarty at 35 Griffin Rd, Moriarty, NM, 87035 uses $87,848 cash to close to unlock $2,515/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,297/mo payment keeps the spread at $210/mo. Purchase price stands at $265,000, and rental yield measures 7.99% with $1,765/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash records $103,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
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Listed by: Premier Realty Partners • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1095491