711 Lusk StBayardNM88023
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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 Bayard at 711 Lusk St, Bayard, NM, 88023 listed at $115,900 pairs $1,022/mo rent with a $567/mo payment to leave $342/mo cash flow. Total monthly income runs $1,022/mo, and annual cash flow reaches $4,104/yr on $38,421 cash to close. Return on cash invested measures 30.59% in year one, and rental yield registers 10.58% at a $115,900 basis. Equity gained on principal adds $748/yr, and annual property appreciation at 5% supports $32,021 by year five. Five-year ROI tracks 159.7% and total cumulative return in cash totals $61,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $567/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88023, Bayard, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,140 (100%) |
| Owner Occupied HU | 665 (58.3%) |
| Renter Occupied HU | 287 (25.2%) |
| Vacant Housing Units | 188 (16.5%) |
| Median Home Value | $112,606 |
| Average Home Value | $131,211 |
Housing Distribution
Address Breakdown
Residential
316
Single Family
316
Multi-Family
0
Businesses
43
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Listed by: Linda H Rowse • Enchantment Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40426
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.