904 Carrizo Canyon Rd #105RuidosoNM88345
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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 Ruidoso at 904 Carrizo Canyon Rd #105, Ruidoso, NM, 88345 earns $76/mo cash flow from $1,127/mo rent with a $695/mo payment. Total monthly income totals $1,127/mo, and annual cash flow totals $907/yr on $47,073 capital. ROI tracks 21.83% on current figures, and rental yield reads 9.52% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $54,038. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,127/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$654 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88345, Ruidoso, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,209 (100%) |
| Owner Occupied HU | 2,960 (32.1%) |
| Renter Occupied HU | 1,086 (11.8%) |
| Vacant Housing Units | 5,163 (56.1%) |
| Median Home Value | $259,653 |
| Average Home Value | $394,541 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,389
Multi-Family
127
Businesses
574
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Listed by: Shane B. Zimmerman • Fathom Realty NM
Mls Name: RLCMLS
Mls Provider:
Mls ID: #132328
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.