406 11th StCarrizozoNM88301
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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
Investment Highlights
Investment property for sale in Carrizozo at 406 11th St, Carrizozo, NM, 88301 offers a 7.55% rental yield on a $329,000 purchase with $2,070/mo rent. Total monthly income registers $2,070/mo, and a $1,610/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,671/yr on $109,064 to close, and return on cash invested stands at 21.44% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 110.65% and total cumulative return in cash at $120,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,070/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88301, Carrizozo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 493 (61.9%) |
| Renter Occupied HU | 132 (16.6%) |
| Vacant Housing Units | 171 (21.5%) |
| Median Home Value | $96,765 |
| Average Home Value | $184,899 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
68
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Listed by: Ursula Cooley • Coldwell Banker SDC
Mls Name: RLCMLS
Mls ID: #132487