1084 W La EntradaRio RanchoNM87048
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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 1084 W La Entrada, Rio Rancho, NM, 87048 offers a 8.86% rental yield on a $450,000 purchase with $3,324/mo rent. Total monthly income registers $3,324/mo, and a $2,203/mo payment leaves $682/mo available for distribution. Annual cash flow reaches $8,187/yr on $149,175 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 131.87% and total cumulative return in cash at $196,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,324/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
0.94 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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Listed by: Andres Reza • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1092713