706 Corona Ave, Cloudcroft, NM, 88317 | 4.35% Rental Yield

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cloudcroft at 706 Corona Ave, Cloudcroft, NM, 88317 offers a 4.35% rental yield on a $405,500 purchase with $1,471/mo rent. 79% in year one. Equity gained on principal adds $2,617/yr while 5% annual appreciation supports $112,032 over five years. Portfolio math shows five-year ROI at 58.89% and total cumulative return in cash at $79,167. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,471/mo property income against a $1,985/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,782 (100%)
Owner Occupied HU	856 (30.8%)
Renter Occupied HU	144 ( 5.2%)
Vacant Housing Units	1,782 (64.1%)
Median Home Value	$306,383
Average Home Value	$374,416