705 Chapparral DrLoganNM88426
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 Logan at 705 Chapparral Dr, Logan, NM, 88426 priced at $199,500 pairs $1,276/mo rent with $105/mo cash flow after a $976/mo payment. Total monthly income equals $1,276/mo, and annual cash flow comes to $1,266/yr on $66,134 invested. Return on cash invested is 21.82% in year one, and rental yield stands at 7.68% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 112.73% and total cumulative return in cash reaches $74,551. For financing, Ziffy Mortgage’s DSCR program evaluates $1,276/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in N/A
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88426, Logan, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,078 (100%) |
| Owner Occupied HU | 400 (37.1%) |
| Renter Occupied HU | 93 ( 8.6%) |
| Vacant Housing Units | 585 (54.3%) |
| Median Home Value | $102,594 |
| Average Home Value | $139,806 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
48
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Listed by: Deanna K. Osborn • Trousdale Real Estate
Mls Name: My State MLS
Mls ID: #11281957