1037 Clear Creek Ct 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
Rental property for sale in Rio Rancho at 1037 Clear Creek Ct NE, Rio Rancho, NM, 87144 priced at $336,000 pairs $2,420/mo rent with $371/mo cash flow after a $1,645/mo payment. Total monthly income equals $2,420/mo, and annual cash flow comes to $4,452/yr on $111,384 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 8.64% on a $336,000 basis. Equity gained on principal adds $2,168/yr, and 5% annual appreciation accumulates to $92,831 by year five. Five-year ROI measures 124.14% and total cumulative return in cash reaches $138,274. For financing, Ziffy Mortgage’s DSCR program evaluates $2,420/mo property income against a $1,645/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
4,791 sqft lot
$N/A/sqft
$56 monthly HOA
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Listed by: Jennifer R Griego • Keller Williams Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082226
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.