6 N Kingston StHillsboroNM88042
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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 Hillsboro at 6 N Kingston St, Hillsboro, NM, 88042 priced at $465,000 converts $0/mo rent into after a $2,276/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.34% in year one, and rental yield reads 0% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 2000
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88042, Hillsboro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 159 (50.5%) |
| Renter Occupied HU | 33 (10.5%) |
| Vacant Housing Units | 123 (39.0%) |
| Median Home Value | $234,434 |
| Average Home Value | $279,340 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Laneer Wrye • Cripple Creek Realty
Mls Name: New Mexico MLS
Mls ID: #20256307