820 Highway 408PolvaderaNM87828
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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 Polvadera at 820 Highway 408, Polvadera, NM, 87828 generates $0/mo in rent, after a $1,121/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.34% in year one, and rental yield is 0% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87828, Polvadera, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 165 (100%) |
| Owner Occupied HU | 105 (63.6%) |
| Renter Occupied HU | 11 ( 6.7%) |
| Vacant Housing Units | 49 (29.7%) |
| Median Home Value | $207,609 |
| Average Home Value | $215,905 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Anna T Carabajal • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1088073