1011 W Castillo AveBelenNM87002
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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
Investment property for sale in Belen at 1011 W Castillo Ave, Belen, NM, 87002 earns $496/mo cash flow from $1,488/mo rent with a $827/mo payment. Total monthly income totals $1,488/mo, and annual cash flow totals $5,955/yr on $56,024 capital. ROI tracks 30.54% on current figures, and rental yield reads 10.57% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 159.5% and total cumulative return in cash sums $89,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,488/mo property income instead of your personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Leonel Munoz • Regal Real Estate Experts
Mls Name: SWMLS
Mls ID: #1095780