664 Riata RdTularosaNM88352
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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 Tularosa at 664 Riata Rd, Tularosa, NM, 88352 generates $2,452/mo in rent, after a $2,154/mo payment. Total monthly income is $2,452/mo. Return on cash invested sits at 18.83% in year one, and rental yield is 6.69% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 96.64% and total cumulative return in cash sums $140,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,452/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88352, Tularosa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,505 (100%) |
| Owner Occupied HU | 1,694 (67.6%) |
| Renter Occupied HU | 415 (16.6%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $217,742 |
| Average Home Value | $255,108 |
Housing Distribution
Address Breakdown
Residential
1,962
Single Family
1,962
Multi-Family
0
Businesses
120
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Listed by: Kara Cochran • Future Real Estate
Mls Name: OCMLS
Mls ID: #171707