3621 Us Highway 64WaterflowNM87421
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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 Waterflow at 3621 Us Highway 64, Waterflow, NM, 87421 listed at $470,000 pairs $3,060/mo rent with a $2,300/mo payment to leave $302/mo cash flow. Total monthly income runs $3,060/mo, and annual cash flow reaches $3,621/yr on $155,805 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 7.81% at a $470,000 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,852 by year five. Five-year ROI tracks 114.88% and total cumulative return in cash totals $178,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,060/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87421, Waterflow, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 328 (100%) |
| Owner Occupied HU | 233 (71.0%) |
| Renter Occupied HU | 53 (16.2%) |
| Vacant Housing Units | 42 (12.8%) |
| Median Home Value | $212,879 |
| Average Home Value | $228,155 |
Housing Distribution
Address Breakdown
Residential
66
Single Family
66
Multi-Family
0
Businesses
25
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Listed by: Kara B Wood • Kirtland Realty
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-692
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.