R13 Heath StArtesiaNM88210
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
Investment Highlights
Investment property for sale in Artesia at R13 Heath St, Artesia, NM, 88210 at $277,500 posts ROI 23.92% with $307/mo cash flow from $1,936/mo rent. Total monthly income equals $1,936/mo, and annual cash flow records $3,689/yr on $91,991 to close. Return on cash invested measures 23.92% and rental yield reads 8.37% at the current $277,500. Equity gained on principal adds $1,791/yr, and 5% annual appreciation supports $76,668 by year five. Five-year ROI prints 123.96% and total cumulative return in cash totals $114,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,936/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88210, Artesia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,052 (100%) |
| Owner Occupied HU | 5,031 (62.5%) |
| Renter Occupied HU | 2,170 (26.9%) |
| Vacant Housing Units | 851 (10.6%) |
| Median Home Value | $230,155 |
| Average Home Value | $280,161 |
Housing Distribution
Address Breakdown
Residential
6,880
Single Family
6,379
Multi-Family
501
Businesses
472
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Listed by: Dora Pando • Norton Realty
Mls Name: New Mexico MLS
Mls ID: #20260328