808 S 11th StDemingNM88030
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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 Deming at 808 S 11th St, Deming, NM, 88030 offers a 8.65% rental yield on a $149,900 purchase with $1,080/mo rent. Total monthly income registers $1,080/mo, and a $734/mo payment leaves $200/mo available for distribution. Annual cash flow reaches $2,398/yr on $49,692 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 128.3% and total cumulative return in cash at $63,755. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88030, Deming, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,963 (100%) |
| Owner Occupied HU | 6,416 (58.5%) |
| Renter Occupied HU | 2,946 (26.9%) |
| Vacant Housing Units | 1,601 (14.6%) |
| Median Home Value | $123,226 |
| Average Home Value | $155,194 |
Housing Distribution
Address Breakdown
Residential
9,158
Single Family
9,056
Multi-Family
102
Businesses
573
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Listed by: Malinda Hoyal • Deming High Desert Realty
Mls Name: New Mexico MLS
Mls ID: #20256935