403 Grayling LnLoganNM88426
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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 Logan at 403 Grayling Ln, Logan, NM, 88426 with 5% annual appreciation on a $206,600 basis while $1,656/mo rent supports operations. Total monthly income totals $1,656/mo and a $1,011/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,323/yr on $68,488 deployed, and return on cash invested reaches 27.68% in year one. Equity gained on principal adds $1,333/yr, and five-year appreciation sums $57,080 alongside rental yield of 9.62%. Five-year ROI measures 144.12% and total cumulative return in cash totals $98,704.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,656/mo property income versus a $1,011/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88426, Logan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 400 (37.1%) |
| Renter Occupied HU | 93 ( 8.6%) |
| Vacant Housing Units | 585 (54.3%) |
| Median Home Value | $102,594 |
| Average Home Value | $139,806 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
48
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