100 Camino Rayo Del SolCorralesNM87048
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Corrales at 100 Camino Rayo Del Sol, Corrales, NM, 87048 listed at $899,900 pairs $2,730/mo rent with a $4,405/mo payment. Total monthly income runs $2,730/mo. Return on cash invested measures 9.72% in year one, and rental yield registers 3.64% at a $899,900 basis. Equity gained on principal adds $5,807/yr, and annual property appreciation at 5% supports $248,626 by year five. Five-year ROI tracks 47.72% and total cumulative return in cash totals $141,292. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,730/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.87 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Nicole Pitts • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1095730