61 Sorrel AveMoriartyNM87035
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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 Moriarty at 61 Sorrel Ave, Moriarty, NM, 87035 earns $225/mo cash flow from $1,458/mo rent with a $1,028/mo payment. Total monthly income totals $1,458/mo, and annual cash flow totals $2,703/yr on $69,615 capital. ROI tracks 23.79% on current figures, and rental yield reads 8.33% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash sums $85,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,458/mo property income instead of your personal income.
Single Family
Built in 2013
2.50 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
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Listed by: Vincent F Rivas • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1089549