1012 Threadgrass Rd NE, Rio Rancho, NM, 87144 | $323/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rio Rancho at 1012 Threadgrass Rd NE, Rio Rancho, NM, 87144 offers a 7.8% rental yield on a $515,000 purchase with $3,346/mo rent. Total monthly income registers $3,346/mo, and a $2,521/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,875/yr on $169,435 to close, and return on cash invested stands at 22.35% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 115.46% and total cumulative return in cash at $195,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,346/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2010

9,583 sqft lot

$N/A/sqft

No HOA