809 Kingman Ave, Grants, NM, 87020 | 4.77% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $894/mo, and a $1,101/mo payment. Purchase price stands at $224,900, and rental yield measures 4.77% with $894/mo rent. Return on cash invested shows 13.05% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 65.64% and total cumulative return in cash records $48,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $894/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Single Family

Built in 1979

8,398 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 87020, Grants, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,822 (100%)
Owner Occupied HU	3,469 (59.6%)
Renter Occupied HU	1,457 (25.0%)
Vacant Housing Units	896 (15.4%)
Median Home Value	$155,856
Average Home Value	$195,601