560 O'Kelley Rd SEDemingNM88030
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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 Deming at 560 O'Kelley Rd SE, Deming, NM, 88030 priced at $339,000 converts $1,770/mo rent into after a $1,659/mo obligation. Total monthly income equals $1,770/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 6.27% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 89.86% and total cumulative return in cash sums $100,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,770/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1960
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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Listed by: Frank Christensen Jr • Sun Country Realtors
Mls Name: New Mexico MLS
Mls ID: #20256932