43 Hollimon RdGlenwoodNM88039
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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 Glenwood at 43 Hollimon Rd, Glenwood, NM, 88039 with 5% annual appreciation on a $799,500 basis while $2,098/mo rent supports operations. 22% in year one. Equity gained on principal adds $5,159/yr, and five-year appreciation sums $220,887 alongside rental yield of 3.15%. Five-year ROI measures 39.72% and total cumulative return in cash totals $104,491. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,098/mo property income versus a $3,913/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88039, Glenwood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 167 (55.3%) |
| Renter Occupied HU | 25 ( 8.3%) |
| Vacant Housing Units | 110 (36.4%) |
| Median Home Value | $155,147 |
| Average Home Value | $264,521 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
36
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Listed by: Rebekka VanNess • Saenz & Smith Real Estate, Co
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40917
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.