3603 Los Encinos StSilver CityNM88061
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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
Investment property for sale in Silver City at 3603 Los Encinos St, Silver City, NM, 88061 offers a 9.19% rental yield on a $263,100 purchase with $2,016/mo rent. Total monthly income registers $2,016/mo, and a $1,288/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,658/yr on $87,218 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $1,698/yr while 5% annual appreciation supports $72,690 over five years. Portfolio math shows five-year ROI at 137.24% and total cumulative return in cash at $119,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,016/mo property income against a $1,288/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88061, Silver City, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,354 (59.8%) |
| Renter Occupied HU | 2,264 (25.3%) |
| Vacant Housing Units | 1,340 (15.0%) |
| Median Home Value | $217,889 |
| Average Home Value | $241,339 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,980
Multi-Family
160
Businesses
597
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A