48 Milky WayMayhillNM88339
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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
Investment property for sale in Mayhill at 48 Milky Way, Mayhill, NM, 88339 earns from $2,224/mo rent with a $4,058/mo payment. Total monthly income totals $2,224/mo. ROI tracks 8.43% on current figures, and rental yield reads 3.22% at a $829,000 purchase. Equity gained on principal adds $5,349/yr, and 5% annual appreciation supports $229,037 over five years. Five-year ROI reaches 40.85% and total cumulative return in cash sums $111,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,224/mo property income instead of your personal income.
Single Family
Built in 2005
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88339, Mayhill, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 341 (38.2%) |
| Renter Occupied HU | 52 ( 5.8%) |
| Vacant Housing Units | 499 (55.9%) |
| Median Home Value | $402,717 |
| Average Home Value | $423,387 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
27
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Listed by: Megan Corvin • Future Real Estate
Mls Name: OCMLS
Mls ID: #171759