57 Wampler StMiamiNM87729
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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 Miami at 57 Wampler St, Miami, NM, 87729 priced at $339,000 converts $1,488/mo rent into after a $1,659/mo obligation. Total monthly income equals $1,488/mo. Return on cash invested prints 14.55% in year one, and rental yield reads 5.27% 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 73.73% and total cumulative return in cash sums $82,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,488/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1914
14.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87729, Miami, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34 (100%) |
| Owner Occupied HU | 20 (58.8%) |
| Renter Occupied HU | 4 (11.8%) |
| Vacant Housing Units | 10 (29.4%) |
| Median Home Value | $275,000 |
| Average Home Value | $331,250 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
1
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Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Timothy O'Neill • O Neill Land LLC
Mls Name: TCAR
Mls Provider:
Mls ID: #109849
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR MLS, Inc. 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.