409 Limit Ave NMountainairNM87036
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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 Mountainair at 409 Limit Ave N, Mountainair, NM, 87036 with 5% annual appreciation on a $223,400 basis while $2,389/mo rent supports operations. Total monthly income totals $2,389/mo and a $1,093/mo payment preserves $1,078/mo for cash returns. Annual cash flow comes to $12,938/yr on $74,057 deployed, and return on cash invested reaches 37.38% in year one. Equity gained on principal adds $1,442/yr, and five-year appreciation sums $61,721 alongside rental yield of 12.83%. Five-year ROI measures 196.16% and total cumulative return in cash totals $145,271.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,389/mo property income versus a $1,093/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87036, Mountainair, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 573 (67.6%) |
| Renter Occupied HU | 133 (15.7%) |
| Vacant Housing Units | 142 (16.7%) |
| Median Home Value | $181,250 |
| Average Home Value | $326,497 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
69
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Listed by: N/A • N/A
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