48 Ice Plant Rd WEstanciaNM87016
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
Total monthly income runs $2,418/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 5.8% with $2,418/mo rent. Return on cash invested shows 16.17% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 82.38% and total cumulative return in cash records $136,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,418/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1972
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87016, Estancia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,082 (66.1%) |
| Renter Occupied HU | 261 (15.9%) |
| Vacant Housing Units | 294 (18.0%) |
| Median Home Value | $245,604 |
| Average Home Value | $372,733 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clayton M Cabber • K-Bar Realty
Mls Name: SWMLS
Mls ID: #1088105