665 State Highway 518ClevelandNM87715
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 665 State Highway 518, Cleveland, NM, 87715 in Cleveland is priced for capital growth, not immediate cash flow. The $190,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $52,494 by year five, with $1,750/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $51.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in N/A
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87715, Cleveland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 198 (58.9%) |
| Renter Occupied HU | 30 ( 8.9%) |
| Vacant Housing Units | 108 (32.1%) |
| Median Home Value | $167,647 |
| Average Home Value | $171,869 |
Housing Distribution
Address Breakdown
Residential
16
Single Family
16
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in N/A
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87715, Cleveland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 336 (100%) |
| Owner Occupied HU | 198 (58.9%) |
| Renter Occupied HU | 30 ( 8.9%) |
| Vacant Housing Units | 108 (32.1%) |
| Median Home Value | $167,647 |
| Average Home Value | $171,869 |
Housing Distribution
Address Breakdown
Residential
16
Single Family
16
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kyle Jackson • Great Plains Land Co.
Mls Name: My State MLS
Mls ID: #11636046