Highway 612ThoreauNM87323
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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 Thoreau at Highway 612, Thoreau, NM, 87323 earns from $1,657/mo rent with a $7,048/mo payment. Total monthly income totals $1,657/mo. ROI tracks 2.89% on current figures, and rental yield reads 1.38% at a $1,440,000 purchase. Equity gained on principal adds $9,292/yr, and 5% annual appreciation supports $397,845 over five years. Five-year ROI reaches 11.06% and total cumulative return in cash sums $51,602. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,657/mo property income instead of your personal income.
Single Family
Built in N/A
640 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87323, Thoreau, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,714 (100%) |
| Owner Occupied HU | 1,142 (66.6%) |
| Renter Occupied HU | 281 (16.4%) |
| Vacant Housing Units | 291 (17.0%) |
| Median Home Value | $93,973 |
| Average Home Value | $145,976 |
Housing Distribution
Address Breakdown
Residential
204
Single Family
204
Multi-Family
0
Businesses
52
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Listed by: Seth Craft • M4 Ranch Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #814588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.