7 Hummingbird LnEdgewoodNM87015
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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 Edgewood at 7 Hummingbird Ln, Edgewood, NM, 87015 earns $629/mo cash flow from $1,891/mo rent with a $1,052/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $7,553/yr on $71,273 capital. ROI tracks 30.51% on current figures, and rental yield reads 10.55% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 159.29% and total cumulative return in cash sums $113,533. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Manufactured
Built in 1994
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Listed by: K2 Omni Group • EXP Realty, LLC
Mls Name: SWMLS
Mls ID: #1090172