Xx Rd #1420, La Plata, NM, 87418 | 6.5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in La Plata at Xx Rd #1420, La Plata, NM, 87418 offers a 6.5% rental yield on a $380,000 purchase with $2,059/mo rent. 28% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 93.68% and total cumulative return in cash at $118,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

1.08 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 87418, La Plata, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	357 (100%)
Owner Occupied HU	284 (79.6%)
Renter Occupied HU	52 (14.6%)
Vacant Housing Units	21 ( 5.9%)
Median Home Value	$259,722
Average Home Value	$278,134