49 Road 6406KIRTLANDNM87417
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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 KIRTLAND at 49 Road 6406, KIRTLAND, NM, 87417 generates $1,380/mo in rent and, after a $783/mo payment, leaves $441/mo in cash flow. Total monthly income is $1,380/mo, and annual cash flow is $5,293/yr on $53,007 invested. Return on cash invested sits at 29.89% in year one, and rental yield is 10.36% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 156.06% and total cumulative return in cash sums $82,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,380/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87417, Kirtland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,047 (100%) |
| Owner Occupied HU | 1,376 (67.2%) |
| Renter Occupied HU | 416 (20.3%) |
| Vacant Housing Units | 255 (12.5%) |
| Median Home Value | $194,470 |
| Average Home Value | $205,805 |
Housing Distribution
Address Breakdown
Residential
1,411
Single Family
1,411
Multi-Family
0
Businesses
129
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Listed by: Kara B Wood • Kirtland Realty
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-749
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.