107 Calle ContentaCorralesNM87048
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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 Corrales at 107 Calle Contenta, Corrales, NM, 87048 offers a 7.25% rental yield on a $609,000 purchase with $3,677/mo rent. Total monthly income registers $3,677/mo, and a $2,981/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,227/yr on $200,361 to close, and return on cash invested stands at 20.67% in year one. Equity gained on principal adds $3,930/yr while 5% annual appreciation supports $168,255 over five years. Portfolio math shows five-year ROI at 106.5% and total cumulative return in cash at $213,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,677/mo property income against a $2,981/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87048, Corrales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 3,361 (82.4%) |
| Renter Occupied HU | 481 (11.8%) |
| Vacant Housing Units | 236 ( 5.8%) |
| Median Home Value | $542,565 |
| Average Home Value | $611,621 |
Housing Distribution
Address Breakdown
Residential
3,306
Single Family
3,306
Multi-Family
0
Businesses
345
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