616 Camino EricMoriartyNM87035
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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 Moriarty at 616 Camino Eric, Moriarty, NM, 87035 offers $2,368/mo rent that, after a $1,318/mo payment, leaves $787/mo cash flow. Total monthly income is $2,368/mo, and annual cash flow is $9,449/yr on $89,280 cash. Return on cash invested measures 30.49% in year one, and rental yield stands at 10.55% at a $269,320 entry. Equity gained on principal adds $1,738/yr while 5% annual appreciation compounds into $74,408 by year five. Five-year ROI records 159.2% and total cumulative return in cash reaches $142,132. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,368/mo property income versus a $1,318/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft 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: Aulvie ''AJ'' Yarbrough • Stillbrooke Homes, Inc
Mls Name: SWMLS
Mls ID: #1061599