74 Ken StDexterNM88230
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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 Dexter at 74 Ken St, Dexter, NM, 88230 with 5% annual appreciation on a $250,000 basis while $2,075/mo rent supports operations. Total monthly income totals $2,075/mo and a $1,224/mo payment preserves $607/mo for cash returns. Annual cash flow comes to $7,287/yr on $82,875 deployed, and return on cash invested reaches 28.7% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 9.96%. Five-year ROI measures 149.63% and total cumulative return in cash totals $124,006.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,075/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
9.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88230, Dexter, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,198 (67.4%) |
| Renter Occupied HU | 349 (19.6%) |
| Vacant Housing Units | 230 (12.9%) |
| Median Home Value | $162,356 |
| Average Home Value | $192,124 |
Housing Distribution
Address Breakdown
Residential
1,105
Single Family
1,105
Multi-Family
0
Businesses
76
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Listed by: Lana Reese • Exp Realty, LLC
Mls Name: New Mexico MLS
Mls ID: #20256761