8 Independence DrWilliamsburgNM87942
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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 Williamsburg at 8 Independence Dr, Williamsburg, NM, 87942 offers $0/mo rent that, after a $1,189/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.33% in year one, and rental yield stands at 0% at a $243,000 entry. Equity gained on principal adds $1,568/yr while 5% annual appreciation compounds into $67,136 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,189/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87942, Williamsburg, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 192 (100%) |
| Owner Occupied HU | 107 (55.7%) |
| Renter Occupied HU | 32 (16.7%) |
| Vacant Housing Units | 53 (27.6%) |
| Median Home Value | $164,063 |
| Average Home Value | $173,458 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Jason Vickers • Homesteaders Realty
Mls Name: New Mexico MLS
Mls ID: #20254577