1135 Lillie DrBosque FarmsNM87068
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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
Rental property for sale in Bosque Farms at 1135 Lillie Dr, Bosque Farms, NM, 87068 generates $2,281/mo in rent, after a $2,442/mo payment. Total monthly income is $2,281/mo. Return on cash invested sits at 15.21% in year one, and rental yield is 5.49% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 77.23% and total cumulative return in cash sums $127,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87068, Bosque Farms, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,964 (100%) |
| Owner Occupied HU | 1,671 (85.1%) |
| Renter Occupied HU | 191 ( 9.7%) |
| Vacant Housing Units | 102 ( 5.2%) |
| Median Home Value | $298,797 |
| Average Home Value | $373,431 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,840
Multi-Family
0
Businesses
114
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Listed by: Karina Miramontes • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1093599