1 Coyote Canta RdCorralesNM87048
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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 $3,757/mo, and a $4,767/mo payment. Purchase price stands at $974,000, and rental yield measures 4.63% with $3,757/mo rent. Return on cash invested shows 12.72% in year one, and 5% annual appreciation builds toward $269,098 over five years. Five-year ROI reaches 63.84% and total cumulative return in cash records $204,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,757/mo property income covering a $4,767/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87048, Corrales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 3,361 (82.4%) |
| Renter Occupied HU | 481 (11.8%) |
| Vacant Housing Units | 236 ( 5.8%) |
| Median Home Value | $542,565 |
| Average Home Value | $611,621 |
Housing Distribution
Address Breakdown
Residential
3,306
Single Family
3,306
Multi-Family
0
Businesses
345
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Listed by: Kim Caird • Bruce Caird Realty Inc.
Mls Name: SWMLS
Mls ID: #1094605