102 Simonds RdAztecNM87410
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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
Rental property for sale in Aztec at 102 Simonds Rd, Aztec, NM, 87410 priced at $188,000 converts $1,735/mo rent into $632/mo cash flow after a $920/mo obligation. Total monthly income equals $1,735/mo, and annual cash flow totals $7,580/yr on $62,322 invested. Return on cash invested prints 32.07% in year one, and rental yield reads 11.07% against a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation compiles into $51,941 by year five. Five-year ROI reaches 167.68% and total cumulative return in cash sums $104,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,735/mo property income covering a $920/mo payment, not borrower’s personal income.
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87410, Aztec, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,074 (100%) |
| Owner Occupied HU | 4,841 (68.4%) |
| Renter Occupied HU | 1,454 (20.6%) |
| Vacant Housing Units | 779 (11.0%) |
| Median Home Value | $219,771 |
| Average Home Value | $243,624 |
Housing Distribution
Address Breakdown
Residential
6,016
Single Family
5,949
Multi-Family
67
Businesses
386
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Listed by: Allen Elmore • EXP Realty, LLC
Mls Name: SJCMLS
Mls ID: #25-1103