42665 Us Highway 70PortalesNM88130
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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 Portales at 42665 Us Highway 70, Portales, NM, 88130 listed at $194,500 pairs $1,740/mo rent with a $952/mo payment to leave $598/mo cash flow. Total monthly income runs $1,740/mo, and annual cash flow reaches $7,180/yr on $64,477 cash to close. Return on cash invested measures 31.05% in year one, and rental yield registers 10.74% at a $194,500 basis. Equity gained on principal adds $1,255/yr, and annual property appreciation at 5% supports $53,737 by year five. Five-year ROI tracks 162.19% and total cumulative return in cash totals $104,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $952/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88130, Portales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,929 (100%) |
| Owner Occupied HU | 4,003 (50.5%) |
| Renter Occupied HU | 2,710 (34.2%) |
| Vacant Housing Units | 1,216 (15.3%) |
| Median Home Value | $158,948 |
| Average Home Value | $196,922 |
Housing Distribution
Address Breakdown
Residential
6,832
Single Family
6,695
Multi-Family
137
Businesses
473
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Listed by: Beatrice Montanez • Your 1st Choice 4 Realty
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20245298
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.