77 NW Bookout RdTularosaNM88352
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
Rental property for sale in Tularosa at 77 NW Bookout Rd, Tularosa, NM, 88352 priced at $119,500 pairs $922/mo rent with $220/mo cash flow after a $585/mo payment. Total monthly income equals $922/mo, and annual cash flow comes to $2,646/yr on $39,614 invested. Return on cash invested is 26.59% in year one, and rental yield stands at 9.26% on a $119,500 basis. Equity gained on principal adds $771/yr, and 5% annual appreciation accumulates to $33,016 by year five. Five-year ROI measures 138.3% and total cumulative return in cash reaches $54,786. For financing, Ziffy Mortgage’s DSCR program evaluates $922/mo property income against a $585/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88352, Tularosa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,505 (100%) |
| Owner Occupied HU | 1,694 (67.6%) |
| Renter Occupied HU | 415 (16.6%) |
| Vacant Housing Units | 396 (15.8%) |
| Median Home Value | $217,742 |
| Average Home Value | $255,108 |
Housing Distribution
Address Breakdown
Residential
1,962
Single Family
1,962
Multi-Family
0
Businesses
120
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Listed by: Tom Gallegos • Berkshire Hathaway Home Services New Mexico Properties - Abq
Mls Name: New Mexico MLS
Mls ID: #20255718