OFF_MARKETExcellent Deal48 days on market

304 Colorado Dr

304 Colorado Dr, Sunland Park, NM 88063, Sunland Park, NM 88063
$85,000

Listing Price

Property image 1
304 Colorado Dr, Sunland Park, NM 88063
Loc: Sunland Park, NM
Days Listed
48
Tax Assessed
$23k
Lot Size
6,098 sqft
Rent Estimate
$1,552/mo
Est. Cash Flow base
Type
lot

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Riverside Elementary School

PK-6
0.4 mi away
5

Santa Teresa Middle School

7-8
1.7 mi away
7

Santa Teresa High School

9-12
4.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
17.98%
Total ROI
79.6%
Cash Flow
$844/mo
DSCR
2.96
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-11Pending sale$85,000
2026-07-29Listed for sale$85,000
2026-06-13Pending sale$85,000
2026-04-10Listed for sale$85,000
2023-11-30Listing removed$0
2023-08-25Pending sale$70,000
2023-08-25Listed for sale$70,000

Tax History

YearProperty TaxTax Assessment
2025$335.12$7,667
2024$339.16$7,667
2023$334.56$7,667
2022$314.52$7,667
2021$314.4$7,667
2020$314.4$7,667
2019$314.16$7,667
2018$314.48$7,667
2017$314.48$7,667
2016$311.24$7,667
2015$314.32$23,000
2014$314.28$23,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
Baths
Sq Ft
0
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $85,000Rent Basis: Observed Comp Model ($1,552/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $100/mo
Haven ScoreExcellent
10/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
15.24%

NOI: $12,956/yr

Cash-on-Cash Yield
39.2%

On $19,550 invested

DSCR Ratio
2.45x

Prime loan qualification

5-Yr Leveraged ROI
+290.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$15/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$78/mo
Repairs & Maintenance (10% of rent)-$155/mo
Property Management (8% of rent)-$124/mo
Total Pure Operating Expenses-$472/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,552/mo
Less: Operating Expenses-$472/mo
Net Operating Income (NOI)+$1,080/mo
Less: Debt Service (30yr @ 6.75%)-$441/mo
Net Cash Flow
$639/mo
$7,664/year
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304 Colorado Dr | Sunland Park, NM | Haven AI Analysis | Haven by ScoutHavens