900 E Mesa AveGallupNM87301
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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 Gallup at 900 E Mesa Ave, Gallup, NM, 87301 priced at $189,100 converts $2,047/mo rent into $915/mo cash flow after a $926/mo obligation. Total monthly income equals $2,047/mo, and annual cash flow totals $10,979/yr on $62,687 invested. Return on cash invested prints 37.42% in year one, and rental yield reads 12.99% against a $189,100 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,245 by year five. Five-year ROI reaches 196.51% and total cumulative return in cash sums $123,186. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,047/mo property income covering a $926/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87301, Gallup, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,490 (100%) |
| Owner Occupied HU | 7,254 (58.1%) |
| Renter Occupied HU | 4,131 (33.1%) |
| Vacant Housing Units | 1,105 ( 8.8%) |
| Median Home Value | $112,050 |
| Average Home Value | $166,876 |
Housing Distribution
Address Breakdown
Residential
6,941
Single Family
6,583
Multi-Family
358
Businesses
983
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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