40 Sage DrMIMBRESNM88049
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 40 Sage Dr, MIMBRES, NM, 88049 in MIMBRES. Rental yield 6.36%. The 1.18 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $107,474 and $3,583/yr in principal reduction project total return of $132,621.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.2% |
| Monthly Cash Flow | $(223) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,060 |
| Total Monthly Debt Service | $2,128 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda H Rowse • Enchantment Realty
Mls Name: SCRMLS
Mls ID: #41460