1062 Cactus Dr NE, Rio Rancho, NM, 87144 | $588/mo Cash Flow

For Sale

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 1062 Cactus Dr NE, Rio Rancho, NM, 87144 listed at $264,000 pairs $2,137/mo rent with a $1,292/mo payment to leave $588/mo cash flow. Total monthly income runs $2,137/mo, and annual cash flow reaches $7,051/yr on $87,516 cash to close. Return on cash invested measures 27.97% in year one, and rental yield registers 9.71% at a $264,000 basis. Equity gained on principal adds $1,704/yr, and annual property appreciation at 5% supports $72,938 by year five. Five-year ROI tracks 145.63% and total cumulative return in cash totals $127,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,137/mo property income relative to a $1,292/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1995

5,662 sqft lot

$N/A/sqft

No HOA