73 Seep Canyon RdWeedNM88354
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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 Weed at 73 Seep Canyon Rd, Weed, NM, 88354 offers a 9.68% rental yield on a $349,900 purchase with $2,822/mo rent. Total monthly income registers $2,822/mo, and a $1,713/mo payment leaves $768/mo available for distribution. Annual cash flow reaches $9,214/yr on $115,992 to close, and return on cash invested stands at 27.85% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 145.02% and total cumulative return in cash at $168,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,822/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
27.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88354, Weed, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 99 (100%) |
| Owner Occupied HU | 38 (38.4%) |
| Renter Occupied HU | 8 ( 8.1%) |
| Vacant Housing Units | 53 (53.5%) |
| Median Home Value | $200,000 |
| Average Home Value | $257,105 |
Housing Distribution
Address Breakdown
Residential
31
Single Family
31
Multi-Family
0
Businesses
3
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Listed by: Teri Scott • Amigo Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #169531
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.