808 Squirrel AveCloudcroftNM88317
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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 Cloudcroft at 808 Squirrel Ave, Cloudcroft, NM, 88317 generates $1,902/mo in rent, after a $1,711/mo payment. Total monthly income is $1,902/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 6.53% on a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 94.14% and total cumulative return in cash sums $109,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,902/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.45 Acres 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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Nearby investment properties with comparable prices
Listed by: Thomas Mack • Aspen Trails Realty
Mls Name: OCMLS
Mls ID: #170964