96 Houston Gulch RdGlenwoodNM88039
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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 Glenwood at 96 Houston Gulch Rd, Glenwood, NM, 88039 at $645,000 posts ROI 9.43% with from $1,906/mo rent. Total monthly income equals $1,906/mo. Return on cash invested measures 9.43% and rental yield reads 3.55% at the current $645,000. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 by year five. Five-year ROI prints 46.21% and total cumulative return in cash totals $98,056. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,906/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
43.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88039, Glenwood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 302 (100%) |
| Owner Occupied HU | 167 (55.3%) |
| Renter Occupied HU | 25 ( 8.3%) |
| Vacant Housing Units | 110 (36.4%) |
| Median Home Value | $155,147 |
| Average Home Value | $264,521 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Dale Spurgeon • Action Realty, LLC.
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40267
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.