53 Mountaineer RdReserveNM87830
Nearby investment properties with comparable rents
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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
Rental property for sale in Reserve at 53 Mountaineer Rd, Reserve, NM, 87830 offers $1,673/mo rent that, after a $876/mo payment, leaves $622/mo cash flow. Total monthly income is $1,673/mo, and annual cash flow is $7,470/yr on $59,339 cash. Return on cash invested measures 32.5% in year one, and rental yield stands at 11.22% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 169.98% and total cumulative return in cash reaches $100,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,673/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87830, Reserve, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 750 (100%) |
| Owner Occupied HU | 393 (52.4%) |
| Renter Occupied HU | 97 (12.9%) |
| Vacant Housing Units | 260 (34.7%) |
| Median Home Value | $123,818 |
| Average Home Value | $206,686 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
59
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Listed by: Douglas Eagen • Open Range Real Estate, LLC
Mls Name: New Mexico MLS
Mls ID: #20253453