Daniel Draper

OFF-MARKET DEAL – Waterflow, NM 39/37 Road 6825, Waterflow, NM Assumable contract at: $160,000 ARV: $260,000 Pr

Daniel Draper·May 4, 2026
OFF-MARKET DEAL – Waterflow, NM 39/37 Road 6825, Waterflow, NM   Assumable contract at: $160,000 ARV: $260,000 Property Highlights:  • Single-family home on what was originally 2 lots (now effectively 1 per county)  • Tenant-occupied – currently paying $1,000/month (below market)  • Month-to-month lease = flexibility to raise rents or renovate  • Quiet area with upside potential Repairs / Notes:  • Exterior paint / stucco touch-ups needed  • Carpet needs replaced in hallway (previous water heater leak)  • Some electrical work might be needed (one circuit already repaired that had lost its ground- quote for $10k to repair the remaining circuits)  • Some windows have already been updated, remaining (front + master) could be upgraded for added value Text me for pictures at 208-557-3499
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