3900 Canto Rd SEDemingNM88030
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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
Rental property for sale in Deming at 3900 Canto Rd SE, Deming, NM, 88030 priced at $200,000 converts $1,292/mo rent into $118/mo cash flow after a $979/mo obligation. Total monthly income equals $1,292/mo, and annual cash flow totals $1,416/yr on $66,300 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 7.75% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 113.86% and total cumulative return in cash sums $75,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,292/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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Listed by: Tony Hernandez • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls ID: #20234518