500 2nd StMagdalenaNM87825
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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
Total monthly income runs $1,289/mo, and a $1,679/mo payment. Purchase price stands at $343,000, and rental yield measures 4.51% with $1,289/mo rent. Return on cash invested shows 12.26% in year one, and 5% annual appreciation builds toward $94,765 over five years. Five-year ROI reaches 61.43% and total cumulative return in cash records $69,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,289/mo property income covering a $1,679/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87825, Magdalena, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 834 (69.0%) |
| Renter Occupied HU | 157 (13.0%) |
| Vacant Housing Units | 217 (18.0%) |
| Median Home Value | $94,821 |
| Average Home Value | $143,204 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
51
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Listed by: Alex Baca • Realty Pros NM
Mls Name: SWMLS
Mls ID: #1089698