787 Timberlake RdRamahNM87321
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 Ramah at 787 Timberlake Rd, Ramah, NM, 87321 priced at $389,000 pairs $2,760/mo rent with $477/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $5,721/yr on $128,954 invested. Return on cash invested is 24.35% in year one, and rental yield stands at 8.51% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 126.22% and total cumulative return in cash reaches $162,762. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87321, Ramah, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 189 (61.0%) |
| Renter Occupied HU | 46 (14.8%) |
| Vacant Housing Units | 75 (24.2%) |
| Median Home Value | $213,806 |
| Average Home Value | $217,249 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
53
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Listed by: Patricia G Anderson • Berkshire Hathaway Home Svc NM
Mls Name: SWMLS
Mls ID: #1096514