1041 Grace 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
Investment property for sale in Rio Rancho at 1041 Grace Ct NE, Rio Rancho, NM, 87144 at $459,000 posts ROI 24.09% with $530/mo cash flow from $3,432/mo rent. Total monthly income equals $3,432/mo, and annual cash flow records $6,357/yr on $152,159 to close. Return on cash invested measures 24.09% and rental yield reads 8.97% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 125.41% and total cumulative return in cash totals $190,823.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,432/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
$78 quarterly HOA
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Listed by: Jeremiah D. Collins • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1072264
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.