S Of 2013 E Wood AveCarlsbadNM88220
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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
Total monthly income runs $1,800/mo, and a $8,737/mo payment. Purchase price stands at $1,785,000, and rental yield measures 1.21% with $1,800/mo rent. Return on cash invested shows 2.37% in year one, and 5% annual appreciation builds toward $493,163 over five years. Five-year ROI reaches 8.24% and total cumulative return in cash records $47,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $8,737/mo payment rather than investor’s personal income.
Single Family
Built in N/A
143 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88220, Carlsbad, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,149 (100%) |
| Owner Occupied HU | 10,696 (58.9%) |
| Renter Occupied HU | 4,826 (26.6%) |
| Vacant Housing Units | 2,627 (14.5%) |
| Median Home Value | $222,689 |
| Average Home Value | $280,869 |
Housing Distribution
Address Breakdown
Residential
15,346
Single Family
14,191
Multi-Family
1,155
Businesses
1,140
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Listed by: Amanda Mashaw • Dunagan Associates
Mls Name: New Mexico MLS
Mls ID: #20255347