1108 Vista Del Monte PlRio CommunitiesNM87002
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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 Communities at 1108 Vista Del Monte Pl, Rio Communities, NM, 87002 offers a 21.52% rental yield on a $109,607 purchase with $1,966/mo rent. Total monthly income registers $1,966/mo, and a $536/mo payment leaves $1,305/mo available for distribution. Annual cash flow reaches $15,654/yr on $36,335 to close, and return on cash invested stands at 62.99% in year one. Equity gained on principal adds $707/yr while 5% annual appreciation supports $30,282 over five years. Portfolio math shows five-year ROI at 333.75% and total cumulative return in cash at $121,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,966/mo property income against a $536/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
4,573 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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