Highway 595LindrithNM87029
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find Highway 595, Lindrith, NM, 87029 in Lindrith worth study. Rental yield 5.49%. The 5.49% gross yield is below cash-flow benchmarks at $949,000, but 5% annual appreciation, adding $262,191 over five years, frames this as a capital growth position. Rent of $4,342/mo partially offsets the $4,267/mo payment. Ziffy Mortgage finances appreciation-play properties (1.02 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $279,515.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 6.2% |
| Monthly Cash Flow | $(1,228) | $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 | $4,342 |
| Total Monthly Debt Service | $5,193 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
617 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87029, Lindrith, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 294 (100%) |
| Owner Occupied HU | 151 (51.4%) |
| Renter Occupied HU | 28 ( 9.5%) |
| Vacant Housing Units | 115 (39.1%) |
| Median Home Value | $357,018 |
| Average Home Value | $476,242 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
9
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 N/A
617 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87029, Lindrith, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 294 (100%) |
| Owner Occupied HU | 151 (51.4%) |
| Renter Occupied HU | 28 ( 9.5%) |
| Vacant Housing Units | 115 (39.1%) |
| Median Home Value | $357,018 |
| Average Home Value | $476,242 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Butch Porter • M4 Ranch Group
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20236057
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.