612 W Cedar StLovingNM88256
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 Loving at 612 W Cedar St, Loving, NM, 88256 offers $720/mo rent that, after a $1,126/mo payment. Total monthly income is $720/mo. Return on cash invested measures 9.99% in year one, and rental yield stands at 3.76% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 49.22% and total cumulative return in cash reaches $37,531. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $720/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88256, Loving, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 536 (66.2%) |
| Renter Occupied HU | 181 (22.3%) |
| Vacant Housing Units | 93 (11.5%) |
| Median Home Value | $237,162 |
| Average Home Value | $292,477 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Veronica Methola • Century 21 Dunagan Associates
Mls Name: New Mexico MLS
Mls ID: #20253973