9 Mae LnGamercoNM87317
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
Investment Highlights
Rental property for sale in Gamerco at 9 Mae Ln, Gamerco, NM, 87317 offers $1,360/mo rent that, after a $979/mo payment, leaves $186/mo cash flow. Total monthly income is $1,360/mo, and annual cash flow is $2,232/yr on $66,300 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.16% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 120.48% and total cumulative return in cash reaches $79,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,360/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87317, Gamerco, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 320 (61.5%) |
| Renter Occupied HU | 166 (31.9%) |
| Vacant Housing Units | 34 ( 6.5%) |
| Median Home Value | $564,885 |
| Average Home Value | $502,484 |
Housing Distribution
Address Breakdown
Residential
41
Single Family
41
Multi-Family
0
Businesses
7
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Listed by: John Castillo • Southwest Elite Real Estate
Mls Name: New Mexico MLS
Mls ID: #20256785