403 Brady Canyon RdRuidosoNM88345
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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 Ruidoso at 403 Brady Canyon Rd, Ruidoso, NM, 88345 generates $2,760/mo in rent and, after a $1,459/mo payment, leaves $1,010/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $12,125/yr on $98,787 invested. Return on cash invested sits at 32.18% in year one, and rental yield is 11.11% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 168.27% and total cumulative return in cash sums $166,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
6,534 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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Listed by: Eric Vaughn • Century 21 Aspen Real Estate
Mls Name: RLCMLS
Mls ID: #133536