48 Evergreen RdQuestaNM87556
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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 Questa at 48 Evergreen Rd, Questa, NM, 87556 priced at $239,000 converts $1,620/mo rent into $217/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $2,604/yr on $79,229 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.13% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 120.03% and total cumulative return in cash sums $95,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87556, Questa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,596 (100%) |
| Owner Occupied HU | 1,012 (63.4%) |
| Renter Occupied HU | 189 (11.8%) |
| Vacant Housing Units | 395 (24.7%) |
| Median Home Value | $305,263 |
| Average Home Value | $383,676 |
Housing Distribution
Address Breakdown
Residential
231
Single Family
231
Multi-Family
0
Businesses
48
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Listed by: Lindsey Casali • Casali Real Estate
Mls Name: Enchanted Circle
Mls ID: #113887