40 Miller Dairy Rd, Veguita, NM, 87062 | 5.04% Rental Yield

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Veguita at 40 Miller Dairy Rd, Veguita, NM, 87062 generates $2,346/mo in rent, after a $2,733/mo payment. Total monthly income is $2,346/mo. Return on cash invested sits at 13.98% in year one, and rental yield is 5.04% on a $558,400 entry. Equity gained on principal adds $3,603/yr, while 5% annual appreciation builds toward $154,276 over five years. Five-year ROI reaches 70.57% and total cumulative return in cash sums $129,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,346/mo property income rather than buyer’s personal income.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 87062, Veguita, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	631 (100%)
Owner Occupied HU	483 (76.5%)
Renter Occupied HU	87 (13.8%)
Vacant Housing Units	61 ( 9.7%)
Median Home Value	$108,214
Average Home Value	$187,438