47 Rocky River RdArtesiaNM88210
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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
Rental property for sale in Artesia at 47 Rocky River Rd, Artesia, NM, 88210 offers $3,221/mo rent that, after a $1,419/mo payment, leaves $1,519/mo cash flow. Total monthly income is $3,221/mo, and annual cash flow is $18,231/yr on $96,135 cash. Return on cash invested measures 38.87% in year one, and rental yield stands at 13.33% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 204.14% and total cumulative return in cash reaches $196,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,221/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2012
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88210, Artesia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 5,031 (62.5%) |
| Renter Occupied HU | 2,170 (26.9%) |
| Vacant Housing Units | 851 (10.6%) |
| Median Home Value | $230,155 |
| Average Home Value | $280,161 |
Housing Distribution
Address Breakdown
Residential
6,880
Single Family
6,379
Multi-Family
501
Businesses
472
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Nearby investment properties with comparable prices
Listed by: Lykala Williams • Lois Oliver Real Estate
Mls Name: New Mexico MLS
Mls ID: #20254502