717 Allen AveEstanciaNM87016
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
Investment property for sale in Estancia at 717 Allen Ave, Estancia, NM, 87016 at $105,000 posts ROI 27.17% with $211/mo cash flow from $827/mo rent. Total monthly income equals $827/mo, and annual cash flow records $2,527/yr on $34,808 to close. Return on cash invested measures 27.17% and rental yield reads 9.45% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 141.42% and total cumulative return in cash totals $49,226.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $827/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87016, Estancia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,082 (66.1%) |
| Renter Occupied HU | 261 (15.9%) |
| Vacant Housing Units | 294 (18.0%) |
| Median Home Value | $245,604 |
| Average Home Value | $372,733 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
71
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Nearby investment properties with comparable prices
Listed by: Jannette M Dudley • CENTURY 21 Camco Realty
Mls Name: SWMLS
Mls ID: #1097179