9618 Us Highway 380LincolnNM88338
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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 Lincoln at 9618 Us Highway 380, Lincoln, NM, 88338 earns from $1,508/mo rent with a $1,906/mo payment. Total monthly income totals $1,508/mo. ROI tracks 12.68% on current figures, and rental yield reads 4.65% at a $389,500 purchase. Equity gained on principal adds $2,513/yr, and 5% annual appreciation supports $107,612 over five years. Five-year ROI reaches 63.68% and total cumulative return in cash sums $82,219. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,508/mo property income instead of your personal income.
Single Family
Built in 1930
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88338, Lincoln, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 94 (100%) |
| Owner Occupied HU | 63 (67.0%) |
| Renter Occupied HU | 11 (11.7%) |
| Vacant Housing Units | 20 (21.3%) |
| Median Home Value | $345,000 |
| Average Home Value | $516,468 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
9
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Listed by: Darien C. Ross • Fathom Realty NM
Mls Name: RLCMLS
Mls ID: #131712