7560 N Boundary StColumbusNM88029
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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 Columbus at 7560 N Boundary St, Columbus, NM, 88029 offers a 9.4% rental yield on a $169,900 purchase with $1,331/mo rent. Total monthly income registers $1,331/mo, and a $832/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $4,000/yr on $56,322 to close, and return on cash invested stands at 27.01% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 140.58% and total cumulative return in cash at $79,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,331/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88029, Columbus, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 656 (100%) |
| Owner Occupied HU | 411 (62.7%) |
| Renter Occupied HU | 123 (18.7%) |
| Vacant Housing Units | 122 (18.6%) |
| Median Home Value | $117,463 |
| Average Home Value | $138,966 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Listed by: Eva Luna • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls ID: #20245727