6042 Zinc Hill StSanta TeresaNM88008
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Santa Teresa at 6042 Zinc Hill St, Santa Teresa, NM, 88008 priced at $322,925 pairs $2,160/mo rent with $264/mo cash flow after a $1,581/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $3,170/yr on $107,050 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 8.03% on a $322,925 basis. Equity gained on principal adds $2,084/yr, and 5% annual appreciation accumulates to $89,218 by year five. Five-year ROI measures 118.35% and total cumulative return in cash reaches $126,693. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,581/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88008, Santa Teresa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,131 (100%) |
| Owner Occupied HU | 3,152 (76.3%) |
| Renter Occupied HU | 806 (19.5%) |
| Vacant Housing Units | 173 ( 4.2%) |
| Median Home Value | $245,600 |
| Average Home Value | $290,603 |
Housing Distribution
Address Breakdown
Residential
3,740
Single Family
3,421
Multi-Family
319
Businesses
253
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Listed by: Gordon Sather • New Beginnings Realty-1964
Mls Name: GEPAR
Mls Provider:
Mls ID: #907772
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.