401 Wingfield StRuidosoNM88345
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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 Ruidoso at 401 Wingfield St, Ruidoso, NM, 88345 with 5% annual appreciation on a $215,247 basis while $1,367/mo rent supports operations. Total monthly income totals $1,367/mo and a $1,054/mo payment preserves $44/mo for cash returns. Annual cash flow comes to $523/yr on $71,354 deployed, and return on cash invested reaches 20.64% in year one. Equity gained on principal adds $1,389/yr, and five-year appreciation sums $59,469 alongside rental yield of 7.62%. Five-year ROI measures 106.75% and total cumulative return in cash totals $76,171.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,367/mo property income versus a $1,054/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,209 (100%) |
| Owner Occupied HU | 2,960 (32.1%) |
| Renter Occupied HU | 1,086 (11.8%) |
| Vacant Housing Units | 5,163 (56.1%) |
| Median Home Value | $259,653 |
| Average Home Value | $394,541 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,389
Multi-Family
127
Businesses
574
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