4032 Leonard DrTucumcariNM88401
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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 Tucumcari at 4032 Leonard Dr, Tucumcari, NM, 88401 offers $2,096/mo rent that, after a $498/mo payment, leaves $1,493/mo cash flow. Total monthly income is $2,096/mo, and annual cash flow is $17,921/yr on $33,738 cash. Return on cash invested measures 73.03% in year one, and rental yield stands at 24.71% at a $101,773 entry. Equity gained on principal adds $657/yr while 5% annual appreciation compounds into $28,118 by year five. Five-year ROI records 387.4% and total cumulative return in cash reaches $130,701. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,096/mo property income versus a $498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88401, Tucumcari, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,727 (100%) |
| Owner Occupied HU | 1,978 (53.1%) |
| Renter Occupied HU | 943 (25.3%) |
| Vacant Housing Units | 806 (21.6%) |
| Median Home Value | $70,860 |
| Average Home Value | $122,792 |
Housing Distribution
Address Breakdown
Residential
2,877
Single Family
2,877
Multi-Family
0
Businesses
316
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Listed by: N/A • N/A
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Mls ID: #N/A