73 Sullivan Canyon RdCloudcroftNM88317
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 Cloudcroft at 73 Sullivan Canyon Rd, Cloudcroft, NM, 88317 with 5% annual appreciation on a $567,389 basis while $3,457/mo rent supports operations. Total monthly income totals $3,457/mo and a $2,777/mo payment preserves $127/mo for cash returns. Annual cash flow comes to $1,522/yr on $186,671 deployed, and return on cash invested reaches 20.88% in year one. Equity gained on principal adds $3,661/yr, and five-year appreciation sums $156,759 alongside rental yield of 7.31%. Five-year ROI measures 107.57% and total cumulative return in cash totals $200,793.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,457/mo property income versus a $2,777/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
10.07 Acres 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 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A