507 Walker Canyon RdMayhillNM88339
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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 Mayhill at 507 Walker Canyon Rd, Mayhill, NM, 88339 earns $186/mo cash flow from $1,178/mo rent with a $827/mo payment. Total monthly income totals $1,178/mo, and annual cash flow totals $2,235/yr on $56,024 capital. ROI tracks 23.9% on current figures, and rental yield reads 8.36% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 123.88% and total cumulative return in cash sums $69,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,178/mo property income instead of your personal income.
Lot
Built in N/A
10.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88339, Mayhill, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 341 (38.2%) |
| Renter Occupied HU | 52 ( 5.8%) |
| Vacant Housing Units | 499 (55.9%) |
| Median Home Value | $402,717 |
| Average Home Value | $423,387 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
27
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Listed by: Thomas Mack • Aspen Trails Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #169433
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.