5 Coleman DrSilver CityNM88061
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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 Silver City at 5 Coleman Dr, Silver City, NM, 88061 priced at $124,900 converts $966/mo rent into $233/mo cash flow after a $611/mo obligation. Total monthly income equals $966/mo, and annual cash flow totals $2,799/yr on $41,404 invested. Return on cash invested prints 26.67% in year one, and rental yield reads 9.28% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 138.79% and total cumulative return in cash sums $57,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $966/mo property income covering a $611/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88061, Silver City, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,958 (100%) |
| Owner Occupied HU | 5,354 (59.8%) |
| Renter Occupied HU | 2,264 (25.3%) |
| Vacant Housing Units | 1,340 (15.0%) |
| Median Home Value | $217,889 |
| Average Home Value | $241,339 |
Housing Distribution
Address Breakdown
Residential
7,140
Single Family
6,980
Multi-Family
160
Businesses
597
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Listed by: Jeffrey Rose • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1015292