41 Road 6406KirtlandNM87417
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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 Kirtland at 41 Road 6406, Kirtland, NM, 87417 offers a 10.85% rental yield on a $330,000 purchase with $2,984/mo rent. Total monthly income registers $2,984/mo, and a $1,615/mo payment leaves $1,047/mo available for distribution. Annual cash flow reaches $12,567/yr on $109,395 to close, and return on cash invested stands at 31.4% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 164.05% and total cumulative return in cash at $179,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,984/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87417, Kirtland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 1,376 (67.2%) |
| Renter Occupied HU | 416 (20.3%) |
| Vacant Housing Units | 255 (12.5%) |
| Median Home Value | $194,470 |
| Average Home Value | $205,805 |
Housing Distribution
Address Breakdown
Residential
1,411
Single Family
1,411
Multi-Family
0
Businesses
129
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Listed by: Marquel Alonzo • Real Estate PROS
Mls Name: SJCMLS
Mls ID: #25-1163