883 Blue Park AveSunland ParkNM88063
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 883 Blue Park Ave, Sunland Park, NM, 88063 in Sunland Park. At $348,600 it earns $2,632/mo in rent and distributes $586/mo to the owner after the $1,568/mo payment, a consistent 9.06% yield. DSCR 1.68 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $96,312 in value; $3,211/yr in principal paydown compounds ownership stake. Total projected return: $169,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.2% |
| Monthly Cash Flow | $586 | $450 |
City averages based on Sunland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,632 |
| Total Monthly Debt Service | $1,907 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88063, Sunland Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,557 (65.3%) |
| Renter Occupied HU | 1,085 (27.7%) |
| Vacant Housing Units | 275 ( 7.0%) |
| Median Home Value | $158,555 |
| Average Home Value | $189,438 |
Housing Distribution
Address Breakdown
Residential
3,486
Single Family
3,463
Multi-Family
23
Businesses
248
Nearby investment properties with comparable rents
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
Single Family
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88063, Sunland Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,917 (100%) |
| Owner Occupied HU | 2,557 (65.3%) |
| Renter Occupied HU | 1,085 (27.7%) |
| Vacant Housing Units | 275 ( 7.0%) |
| Median Home Value | $158,555 |
| Average Home Value | $189,438 |
Housing Distribution
Address Breakdown
Residential
3,486
Single Family
3,463
Multi-Family
23
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lane Harris • Harris Real Estate Group, Inc.
Mls Name: GEPAR
Mls Provider:
Mls ID: #574994
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2025 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.