903 State Highway 516Flora VistaNM87415
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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 Flora Vista at 903 State Highway 516, Flora Vista, NM, 87415 uses $82,875 cash to close to unlock $2,319/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $1,661/mo, and a $1,224/mo payment keeps the spread at $193/mo. Purchase price stands at $250,000, and rental yield measures 7.97% with $1,661/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 117.47% and total cumulative return in cash records $97,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,661/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87415, Flora Vista, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 534 (65.7%) |
| Renter Occupied HU | 120 (14.8%) |
| Vacant Housing Units | 159 (19.6%) |
| Median Home Value | $240,278 |
| Average Home Value | $284,635 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
472
Multi-Family
0
Businesses
85
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Listed by: Allen Elmore • EXP Realty, LLC
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-301
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.