35319 Highway 285Ojo CalienteNM87549
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
Investment Highlights
Rental property for sale in Ojo Caliente at 35319 Highway 285, Ojo Caliente, NM, 87549 generates $2,975/mo in rent and, after a $1,936/mo payment, leaves $653/mo in cash flow. Total monthly income is $2,975/mo, and annual cash flow is $7,839/yr on $131,141 invested. Return on cash invested sits at 25.89% in year one, and rental yield is 9.02% on a $395,600 entry. Equity gained on principal adds $2,553/yr, while 5% annual appreciation builds toward $109,297 over five years. Five-year ROI reaches 134.49% and total cumulative return in cash sums $176,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,975/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87549, Ojo Caliente, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 158 (67.2%) |
| Renter Occupied HU | 23 ( 9.8%) |
| Vacant Housing Units | 54 (23.0%) |
| Median Home Value | $345,455 |
| Average Home Value | $361,028 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A