94 Gladys RdHagermanNM88232
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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 Hagerman at 94 Gladys Rd, Hagerman, NM, 88232 at $150,000 posts ROI 26.47% with $272/mo cash flow from $1,152/mo rent. Total monthly income equals $1,152/mo, and annual cash flow records $3,261/yr on $49,725 to close. Return on cash invested measures 26.47% and rental yield reads 9.22% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 137.59% and total cumulative return in cash totals $68,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,152/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1979
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88232, Hagerman, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 794 (100%) |
| Owner Occupied HU | 491 (61.8%) |
| Renter Occupied HU | 181 (22.8%) |
| Vacant Housing Units | 122 (15.4%) |
| Median Home Value | $144,485 |
| Average Home Value | $211,029 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Janett Pina • Exp Realty, LLC
Mls Name: New Mexico MLS
Mls ID: #20253696