1035 Grace Ct NE, Rio Rancho, NM, 87144 | $586/mo Cash Flow

For Sale

Listed for sale 6 days ago

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 1035 Grace Ct NE, Rio Rancho, NM, 87144 earns $586/mo cash flow from $2,728/mo rent with a $1,786/mo payment. Total monthly income totals $2,728/mo, and annual cash flow totals $7,034/yr on $120,998 capital. ROI tracks 25.72% on current figures, and rental yield reads 8.97% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 133.62% and total cumulative return in cash sums $161,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,728/mo property income instead of your personal income.

Single Family

Built in 2018

6,098 sqft lot

$N/A/sqft

No HOA