68 Will ScarlettMayhillNM88339
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
Rental property for sale in Mayhill at 68 Will Scarlett, Mayhill, NM, 88339 priced at $199,000 pairs $1,123/mo rent with after a $974/mo payment. Total monthly income equals $1,123/mo. Return on cash invested is 19.09% in year one, and rental yield stands at 6.77% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 98.02% and total cumulative return in cash reaches $64,662. For financing, Ziffy Mortgage’s DSCR program evaluates $1,123/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88339, Mayhill, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 892 (100%) |
| Owner Occupied HU | 341 (38.2%) |
| Renter Occupied HU | 52 ( 5.8%) |
| Vacant Housing Units | 499 (55.9%) |
| Median Home Value | $402,717 |
| Average Home Value | $423,387 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Barry • Aspen Trails Realty
Mls Name: OCMLS
Mls ID: #171919