35924 Us Highway 285Ojo CalienteNM87549
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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 Ojo Caliente at 35924 Us Highway 285, Ojo Caliente, NM, 87549 listed at $289,000 pairs $0/mo rent with a $1,415/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.34% in year one, and rental yield registers 0% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
28 Acres 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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No similar rental properties found nearby.
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Listed by: The Walking Rain Group of Coldwell Banker Mountain Properties • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #114161