68 Underwood BlvdTruth 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
Rental property for sale in Truth Or Consequences at 68 Underwood Blvd, Truth Or Consequences, NM, 87901 priced at $689,200 pairs $2,430/mo rent with after a $3,373/mo payment. Total monthly income equals $2,430/mo. Return on cash invested is 11.51% in year one, and rental yield stands at 4.23% on a $689,200 basis. Equity gained on principal adds $4,447/yr, and 5% annual appreciation accumulates to $190,413 by year five. Five-year ROI measures 57.38% and total cumulative return in cash reaches $130,101. For financing, Ziffy Mortgage’s DSCR program evaluates $2,430/mo property income against a $3,373/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
N/A 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: N/A • N/A
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Mls ID: #N/A