617 N Ash StTruth Or ConsequencesNM87901
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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 Truth Or Consequences at 617 N Ash St, Truth Or Consequences, NM, 87901 listed at $214,835 pairs $1,769/mo rent with a $1,052/mo payment to leave $508/mo cash flow. Total monthly income runs $1,769/mo, and annual cash flow reaches $6,090/yr on $71,218 cash to close. Return on cash invested measures 28.46% in year one, and rental yield registers 9.88% at a $214,835 basis. Equity gained on principal adds $1,386/yr, and annual property appreciation at 5% supports $59,355 by year five. Five-year ROI tracks 148.31% and total cumulative return in cash totals $105,621. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,769/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
8,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87901, Truth Or Consequences, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 2,340 (47.8%) |
| Renter Occupied HU | 1,260 (25.7%) |
| Vacant Housing Units | 1,296 (26.5%) |
| Median Home Value | $114,193 |
| Average Home Value | $142,601 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,091
Multi-Family
76
Businesses
373
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Listed by: Cheryl Shipley • Rio Mesa Realty
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20251169
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.