6220 Highway 478VadoNM88072
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
Total monthly income runs $1,500/mo, and a $2,643/mo payment. Purchase price stands at $540,000, and rental yield measures 3.33% with $1,500/mo rent. Return on cash invested shows 8.78% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 42.73% and total cumulative return in cash records $75,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1930
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88072, Vado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 851 (100%) |
| Owner Occupied HU | 667 (78.4%) |
| Renter Occupied HU | 135 (15.9%) |
| Vacant Housing Units | 49 ( 5.8%) |
| Median Home Value | $160,203 |
| Average Home Value | $200,817 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica M Escamilla • Keller Williams Realty
Mls Name: SNMMLS
Mls ID: #2503765