415 Irene AveMoriartyNM87035
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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 Moriarty at 415 Irene Ave, Moriarty, NM, 87035 listed at $245,000 pairs $1,855/mo rent with a $1,199/mo payment to leave $417/mo cash flow. Total monthly income runs $1,855/mo, and annual cash flow reaches $5,006/yr on $81,218 cash to close. Return on cash invested measures 26.07% in year one, and rental yield registers 9.09% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 135.53% and total cumulative return in cash totals $110,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,855/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
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Listed by: J. Vance Kabella • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1096982