44 High Horse LoopRamahNM87321
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
Rental property for sale in Ramah at 44 High Horse Loop, Ramah, NM, 87321 offers $1,206/mo rent that, after a $904/mo payment, leaves $122/mo cash flow. Total monthly income is $1,206/mo, and annual cash flow is $1,463/yr on $61,228 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 7.84% at a $184,700 entry. Equity gained on principal adds $1,192/yr while 5% annual appreciation compounds into $51,029 by year five. Five-year ROI records 115.23% and total cumulative return in cash reaches $70,552. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,206/mo property income versus a $904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
6.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87321, Ramah, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 189 (61.0%) |
| Renter Occupied HU | 46 (14.8%) |
| Vacant Housing Units | 75 (24.2%) |
| Median Home Value | $213,806 |
| Average Home Value | $217,249 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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