40 Sage DrMIMBRESNM88049
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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 MIMBRES at 40 Sage Dr, MIMBRES, NM, 88049 at $385,000 posts ROI 18.03% with from $2,060/mo rent. Total monthly income equals $2,060/mo. Return on cash invested measures 18.03% and rental yield reads 6.42% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 92.38% and total cumulative return in cash totals $117,898. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,060/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2006
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88049, Mimbres, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 391 (100%) |
| Owner Occupied HU | 242 (61.9%) |
| Renter Occupied HU | 34 ( 8.7%) |
| Vacant Housing Units | 115 (29.4%) |
| Median Home Value | $190,625 |
| Average Home Value | $292,686 |
Housing Distribution
Address Breakdown
Residential
300
Single Family
300
Multi-Family
0
Businesses
27
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Listed by: Alisha Forbito • Enchantment Realty
Mls Name: SCRMLS
Mls ID: #41228