94 Young Canyon RdCloudcroftNM88317
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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 Cloudcroft at 94 Young Canyon Rd, Cloudcroft, NM, 88317 uses $132,269 cash to close to unlock $696/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,953/mo payment keeps the spread at $58/mo. Purchase price stands at $399,000, and rental yield measures 7.22% with $2,400/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 105.23% and total cumulative return in cash records $139,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1994
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88317, Cloudcroft, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 856 (30.8%) |
| Renter Occupied HU | 144 ( 5.2%) |
| Vacant Housing Units | 1,782 (64.1%) |
| Median Home Value | $306,383 |
| Average Home Value | $374,416 |
Housing Distribution
Address Breakdown
Residential
799
Single Family
799
Multi-Family
0
Businesses
122
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Listed by: Annie Daniels • Future Real Estate
Mls Name: OCMLS
Mls ID: #170929