503 12th StSpringerNM87747
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 503 12th St, Springer, NM, 87747 in Springer. Priced at $195,000, it generates $1,686/mo in gross rent and $541/mo in net monthly cash flow, a 10.38% yield that comfortably supports the 1.92 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,497. Five-year appreciation: $53,875. Equity from principal paydown: $1,796/yr. Total projected cumulative return: $108,505.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $541 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,686 |
| Total Monthly Debt Service | $1,067 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87747, Springer, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 419 (55.1%) |
| Renter Occupied HU | 190 (25.0%) |
| Vacant Housing Units | 152 (20.0%) |
| Median Home Value | $117,708 |
| Average Home Value | $221,874 |
Housing Distribution
Address Breakdown
Residential
78
Single Family
78
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Single Family
Built in 1970
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87747, Springer, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 419 (55.1%) |
| Renter Occupied HU | 190 (25.0%) |
| Vacant Housing Units | 152 (20.0%) |
| Median Home Value | $117,708 |
| Average Home Value | $221,874 |
Housing Distribution
Address Breakdown
Residential
78
Single Family
78
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Wendy Mileta • Realty One Of New Mexico - Raton
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20251685
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.