502 Roosevelt AveMountainairNM87036
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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 Mountainair at 502 Roosevelt Ave, Mountainair, NM, 87036 earns $211/mo cash flow from $842/mo rent with a $526/mo payment. Total monthly income totals $842/mo, and annual cash flow totals $2,534/yr on $35,636 capital. ROI tracks 27.02% on current figures, and rental yield reads 9.4% at a $107,500 purchase. Equity gained on principal adds $694/yr, and 5% annual appreciation supports $29,700 over five years. Five-year ROI reaches 140.67% and total cumulative return in cash sums $50,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $842/mo property income instead of your personal income.
Single Family
Built in 1950
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87036, Mountainair, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 573 (67.6%) |
| Renter Occupied HU | 133 (15.7%) |
| Vacant Housing Units | 142 (16.7%) |
| Median Home Value | $181,250 |
| Average Home Value | $326,497 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
69
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Listed by: Patrick Todd Sledge • Hawkeye Realty
Mls Name: SWMLS
Mls ID: #1087530