362 Schlarb RdCarrizozoNM88301
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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 Carrizozo at 362 Schlarb Rd, Carrizozo, NM, 88301 uses $36,465 cash to close to unlock $2,457/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $850/mo, and a $538/mo payment keeps the spread at $205/mo. Purchase price stands at $110,000, and rental yield measures 9.27% with $850/mo rent. Return on cash invested shows 26.65% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 138.58% and total cumulative return in cash records $50,532. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $850/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88301, Carrizozo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 493 (61.9%) |
| Renter Occupied HU | 132 (16.6%) |
| Vacant Housing Units | 171 (21.5%) |
| Median Home Value | $96,765 |
| Average Home Value | $184,899 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
68
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Listed by: Anne New • High Desert Homes and Land
Mls Name: My State MLS
Mls ID: #11618208