92 Saddle StRodeoNM88056
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow92 Saddle St, Rodeo, NM, 88056 in Rodeo is a solid income-producing rental, 11.81% gross yield, $1,171/mo rent, $473/mo net cash flow on a $119,000 buy. DSCR 2.19 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $32,878 and $1,096/yr in principal reduction project a total cumulative return of $75,365.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $473 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,171 |
| Total Monthly Debt Service | $651 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88056, Rodeo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 117 (68.8%) |
| Renter Occupied HU | 23 (13.5%) |
| Vacant Housing Units | 30 (17.6%) |
| Median Home Value | $131,250 |
| Average Home Value | $169,915 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2016
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88056, Rodeo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 117 (68.8%) |
| Renter Occupied HU | 23 (13.5%) |
| Vacant Housing Units | 30 (17.6%) |
| Median Home Value | $131,250 |
| Average Home Value | $169,915 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony Hernandez • Deming Realty Co., LLC.
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20244186
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.