6 Hermosa AveMoriartyNM87035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Moriarty at 6 Hermosa Ave, Moriarty, NM, 87035 generates $840/mo in rent and, after a $562/mo payment, leaves $166/mo in cash flow. Total monthly income is $840/mo, and annual cash flow is $1,992/yr on $38,089 invested. Return on cash invested sits at 25.14% in year one, and rental yield is 8.77% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 130.44% and total cumulative return in cash sums $49,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Jacob Stimmel • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1081576
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.