58 Kneeling Nun DrHanoverNM88041
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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 Hanover at 58 Kneeling Nun Dr, Hanover, NM, 88041 earns from $1,337/mo rent with a $1,366/mo payment. Total monthly income totals $1,337/mo. ROI tracks 16% on current figures, and rental yield reads 5.75% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 81.46% and total cumulative return in cash sums $75,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,337/mo property income instead of your personal income.
Single Family
Built in 1940
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88041, Hanover, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 545 (100%) |
| Owner Occupied HU | 371 (68.1%) |
| Renter Occupied HU | 58 (10.6%) |
| Vacant Housing Units | 116 (21.3%) |
| Median Home Value | $177,134 |
| Average Home Value | $237,635 |
Housing Distribution
Address Breakdown
Residential
340
Single Family
340
Multi-Family
0
Businesses
5
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Listed by: Alexa Trujillo • Enchantment Realty
Mls Name: SCRMLS
Mls ID: #41027