438 S Carson RdCarsonNM87517
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Carson at 438 S Carson Rd, Carson, NM, 87517 offers $0/mo rent that, after a $2,442/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.34% in year one, and rental yield stands at 0% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
7.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87517, Carson, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 300 (56.9%) |
| Renter Occupied HU | 45 ( 8.5%) |
| Vacant Housing Units | 182 (34.5%) |
| Median Home Value | $288,406 |
| Average Home Value | $296,642 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Cyndi Gonzalez • Berkshire Hathaway Home Services Taos Real Estate 2
Mls Name: Enchanted Circle
Mls ID: #113478