798 Road 6100FruitlandNM87416
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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 Fruitland at 798 Road 6100, Fruitland, NM, 87416 offers a 29.43% rental yield on a $101,000 purchase with $2,477/mo rent. Total monthly income registers $2,477/mo, and a $494/mo payment leaves $1,885/mo available for distribution. Annual cash flow reaches $22,614/yr on $33,482 to close, and return on cash invested stands at 87.45% in year one. Equity gained on principal adds $652/yr while 5% annual appreciation supports $27,904 over five years. Portfolio math shows five-year ROI at 464.66% and total cumulative return in cash at $155,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,477/mo property income against a $494/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87416, Fruitland, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 353 (72.3%) |
| Renter Occupied HU | 96 (19.7%) |
| Vacant Housing Units | 39 ( 8.0%) |
| Median Home Value | $188,782 |
| Average Home Value | $203,038 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
105
Multi-Family
16
Businesses
55
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