1019 Jacobs Dr NERio RanchoNM87144
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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 Rio Rancho at 1019 Jacobs Dr NE, Rio Rancho, NM, 87144 listed at $320,000 pairs $1,899/mo rent with a $1,566/mo payment to leave $6/mo cash flow. Total monthly income runs $1,899/mo, and annual cash flow reaches $76/yr on $106,080 cash to close. Return on cash invested measures 19.98% in year one, and rental yield registers 7.12% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 102.88% and total cumulative return in cash totals $109,131. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,899/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
5,662 sqft lot
$N/A/sqft
$88 semi-annually HOA
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Listed by: Tony Legendre • Legendre Properties LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084675
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.