1143 Iris DrAztecNM87410
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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 Aztec at 1143 Iris Dr, Aztec, NM, 87410 with 5% annual appreciation on a $287,500 basis while $2,299/mo rent supports operations. Total monthly income totals $2,299/mo and a $1,407/mo payment preserves $612/mo for cash returns. Annual cash flow comes to $7,340/yr on $95,306 deployed, and return on cash invested reaches 27.61% in year one. Equity gained on principal adds $1,855/yr, and five-year appreciation sums $79,431 alongside rental yield of 9.6%. Five-year ROI measures 143.73% and total cumulative return in cash totals $136,979.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,299/mo property income versus a $1,407/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87410, Aztec, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,074 (100%) |
| Owner Occupied HU | 4,841 (68.4%) |
| Renter Occupied HU | 1,454 (20.6%) |
| Vacant Housing Units | 779 (11.0%) |
| Median Home Value | $219,771 |
| Average Home Value | $243,624 |
Housing Distribution
Address Breakdown
Residential
6,016
Single Family
5,949
Multi-Family
67
Businesses
386
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Listed by: Ryan Brown • RE/MAX of Farmington
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-416
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.