738 Moreno Hill RdFence LakeNM87315
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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 Fence Lake at 738 Moreno Hill Rd, Fence Lake, NM, 87315 with 5% annual appreciation on a $475,000 basis while $0/mo rent supports operations. 34% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87315, Fence Lake, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 151 (100%) |
| Owner Occupied HU | 89 (58.9%) |
| Renter Occupied HU | 10 ( 6.6%) |
| Vacant Housing Units | 52 (34.4%) |
| Median Home Value | $180,227 |
| Average Home Value | $153,090 |
Housing Distribution
Address Breakdown
Residential
57
Single Family
57
Multi-Family
0
Businesses
5
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Listed by: Jimmie Sue Lee • New Mexico West Properties
Mls Name: New Mexico MLS
Mls ID: #20254675