606 5th StCloudcroftNM88317
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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 Cloudcroft at 606 5th St, Cloudcroft, NM, 88317 listed at $549,900 pairs $2,794/mo rent with a $2,691/mo payment. Total monthly income runs $2,794/mo. Return on cash invested measures 17.19% in year one, and rental yield registers 6.1% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 87.79% and total cumulative return in cash totals $158,822. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,794/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Megan Corvin • Future Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #171041
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.