655 Lincoln AveRatonNM87740
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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
Rental property for sale in Raton at 655 Lincoln Ave, Raton, NM, 87740 priced at $130,000 converts $1,011/mo rent into $248/mo cash flow after a $636/mo obligation. Total monthly income equals $1,011/mo, and annual cash flow totals $2,979/yr on $43,095 invested. Return on cash invested prints 26.82% in year one, and rental yield reads 9.33% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 139.57% and total cumulative return in cash sums $60,147. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,011/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 194
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87740, Raton, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,235 (57.5%) |
| Renter Occupied HU | 931 (23.9%) |
| Vacant Housing Units | 724 (18.6%) |
| Median Home Value | $157,876 |
| Average Home Value | $210,994 |
Housing Distribution
Address Breakdown
Residential
3,110
Single Family
3,101
Multi-Family
9
Businesses
363
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Listed by: Jessica Roybal • Willow Springs Realty & Property Management LLC
Mls Name: NY State MLS
Mls ID: #11588854