8 White Dove CtMoriartyNM87035
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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 Moriarty at 8 White Dove Ct, Moriarty, NM, 87035 generates $1,668/mo in rent and, after a $881/mo payment, leaves $612/mo in cash flow. Total monthly income is $1,668/mo, and annual cash flow is $7,338/yr on $59,670 invested. Return on cash invested sits at 32.21% in year one, and rental yield is 11.12% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 168.39% and total cumulative return in cash sums $100,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,668/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87035, Moriarty, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,414 (100%) |
| Owner Occupied HU | 2,393 (70.1%) |
| Renter Occupied HU | 557 (16.3%) |
| Vacant Housing Units | 464 (13.6%) |
| Median Home Value | $148,548 |
| Average Home Value | $175,763 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,202
Multi-Family
0
Businesses
242
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Listed by: Kristina Salcido • K2 Omni Group
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20245884
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.