6801 S Main StMesilla ParkNM88047
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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
Investment property for sale in Mesilla Park at 6801 S Main St, Mesilla Park, NM, 88047 uses $115,694 cash to close to unlock $6,321/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $2,575/mo, and a $1,708/mo payment keeps the spread at $527/mo. Purchase price stands at $349,000, and rental yield measures 8.85% with $2,575/mo rent. Return on cash invested shows 25.37% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 131.72% and total cumulative return in cash records $152,388. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1966
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88047, Mesilla Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 667 (71.9%) |
| Renter Occupied HU | 170 (18.3%) |
| Vacant Housing Units | 91 ( 9.8%) |
| Median Home Value | $277,837 |
| Average Home Value | $301,825 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
611
Multi-Family
82
Businesses
195
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Listed by: Kaley M Salopek • United Country Real Estate Salopek Realty
Mls Name: SNMMLS
Mls ID: #2502167