8 Eagle PlCloudcroftNM88317
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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 Cloudcroft at 8 Eagle Pl, Cloudcroft, NM, 88317 offers a 5.99% rental yield on a $379,000 purchase with $1,892/mo rent. 73% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 85.41% and total cumulative return in cash at $107,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,892/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1976
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Christine Barry • Aspen Trails Realty
Mls Name: OCMLS
Mls ID: #171958