609 Cougar DrLoganNM88426
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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 Logan at 609 Cougar Dr, Logan, NM, 88426 listed at $119,000 pairs $0/mo rent with a $582/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.32% in year one, and rental yield registers 0% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88426, Logan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 400 (37.1%) |
| Renter Occupied HU | 93 ( 8.6%) |
| Vacant Housing Units | 585 (54.3%) |
| Median Home Value | $102,594 |
| Average Home Value | $139,806 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Tj Smith • Ute Lake Premier Properties, LLC
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20251993
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.