912 Ivy StTruth Or ConsequencesNM87901
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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 Truth Or Consequences at 912 Ivy St, Truth Or Consequences, NM, 87901 offers a 9.09% rental yield on a $239,000 purchase with $1,811/mo rent. Total monthly income registers $1,811/mo, and a $1,170/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,896/yr on $79,229 to close, and return on cash invested stands at 26.09% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 135.54% and total cumulative return in cash at $107,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,811/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87901, Truth Or Consequences, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 2,340 (47.8%) |
| Renter Occupied HU | 1,260 (25.7%) |
| Vacant Housing Units | 1,296 (26.5%) |
| Median Home Value | $114,193 |
| Average Home Value | $142,601 |
Housing Distribution
Address Breakdown
Residential
3,167
Single Family
3,091
Multi-Family
76
Businesses
373
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Listed by: Cheryl Shipley • Rio Mesa Realty
Mls Name: New Mexico MLS
Mls ID: #20255942