504 West LnTularosaNM88352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tularosa at 504 West Ln, Tularosa, NM, 88352 offers $918/mo rent that, after a $585/mo payment, leaves $216/mo cash flow. Total monthly income is $918/mo, and annual cash flow is $2,598/yr on $39,614 cash. Return on cash invested measures 26.47% in year one, and rental yield stands at 9.22% at a $119,500 entry. Equity gained on principal adds $771/yr while 5% annual appreciation compounds into $33,016 by year five. Five-year ROI records 137.63% and total cumulative return in cash reaches $54,522. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $918/mo property income versus a $585/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88352, Tularosa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,505 (100%) |
| Owner Occupied HU | 1,694 (67.6%) |
| Renter Occupied HU | 415 (16.6%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $217,742 |
| Average Home Value | $255,108 |
Housing Distribution
Address Breakdown
Residential
1,962
Single Family
1,962
Multi-Family
0
Businesses
120
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Listed by: Michelle Wilson • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls ID: #171412