801 N Magnolia StTruth Or ConsequencesNM87901
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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
Investment property for sale in Truth Or Consequences at 801 N Magnolia St, Truth Or Consequences, NM, 87901 at $199,900 posts ROI 30.76% with $599/mo cash flow from $1,772/mo rent. Total monthly income equals $1,772/mo, and annual cash flow records $7,189/yr on $66,267 to close. Return on cash invested measures 30.76% and rental yield reads 10.64% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 160.66% and total cumulative return in cash totals $106,465.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2006
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87901, Truth Or Consequences, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 2,340 (47.8%) |
| Renter Occupied HU | 1,260 (25.7%) |
| Vacant Housing Units | 1,296 (26.5%) |
| Median Home Value | $114,193 |
| Average Home Value | $142,601 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,091
Multi-Family
76
Businesses
373
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Listed by: Summer Woods • Cripple Creek Realty, LLC
Mls Name: New Mexico MLS
Mls ID: #20255454