9 Twin Forks Dr #6CloudcroftNM88317
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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 Cloudcroft at 9 Twin Forks Dr #6, Cloudcroft, NM, 88317 offers $1,318/mo rent that, after a $812/mo payment, leaves $344/mo cash flow. Total monthly income is $1,318/mo, and annual cash flow is $4,130/yr on $55,029 cash. Return on cash invested measures 27.41% in year one, and rental yield stands at 9.53% at a $166,000 entry. Equity gained on principal adds $1,071/yr while 5% annual appreciation compounds into $45,863 by year five. Five-year ROI records 142.73% and total cumulative return in cash reaches $78,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,318/mo property income versus a $812/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Cindy Preslar • Aspen Trails Realty
Mls Name: OCMLS
Mls Provider:
Mls ID: #170862
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.