9 Queens LnCaballoNM87931
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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
Investment property for sale in Caballo at 9 Queens Ln, Caballo, NM, 87931 earns from $0/mo rent with a $1,368/mo payment. Total monthly income totals $0/mo. ROI tracks -1.34% on current figures, and rental yield reads 0% at a $279,500 purchase. Equity gained on principal adds $1,804/yr, and 5% annual appreciation supports $77,221 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 1981
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87931, Caballo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 506 (69.5%) |
| Renter Occupied HU | 81 (11.1%) |
| Vacant Housing Units | 141 (19.4%) |
| Median Home Value | $199,219 |
| Average Home Value | $289,412 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Felipe Rodriguez • Volare Realty Group LLC
Mls Name: SNMMLS
Mls ID: #2502561