767 S Santa Barbara StDemingNM88030
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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
Rental property for sale in Deming at 767 S Santa Barbara St, Deming, NM, 88030 priced at $120,000 pairs $1,034/mo rent with $330/mo cash flow after a $587/mo payment. Total monthly income equals $1,034/mo, and annual cash flow comes to $3,960/yr on $39,780 invested. Return on cash invested is 29.86% in year one, and rental yield stands at 10.34% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 155.79% and total cumulative return in cash reaches $61,975. For financing, Ziffy Mortgage’s DSCR program evaluates $1,034/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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Listed by: Nallely Gonzalez • Corral Realty Group
Mls Name: New Mexico MLS
Mls ID: #20255399