43 Jake RdThoreauNM87323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thoreau at 43 Jake Rd, Thoreau, NM, 87323 at $109,900 posts ROI 26.69% with $206/mo cash flow from $851/mo rent. Total monthly income equals $851/mo, and annual cash flow records $2,470/yr on $36,432 to close. Return on cash invested measures 26.69% and rental yield reads 9.29% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 138.85% and total cumulative return in cash totals $50,584.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $851/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
5.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87323, Thoreau, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,142 (66.6%) |
| Renter Occupied HU | 281 (16.4%) |
| Vacant Housing Units | 291 (17.0%) |
| Median Home Value | $93,973 |
| Average Home Value | $145,976 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Jason Valentine • Coldwell Banker High Desert Realty
Mls Name: New Mexico MLS
Mls ID: #20256789