1170 Grace St NE,Rio Rancho,NM,87144

Investment Highlights

Investment property for sale in Rio Rancho at 1170 Grace St NE, Rio Rancho, NM, 87144 listed at $425,000 pairs $2,642/mo rent with a $2,080/mo payment to leave $148/mo cash flow. Total monthly income runs $2,642/mo, and annual cash flow reaches $1,772/yr on $140,888 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 7.46% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 109.16% and total cumulative return in cash totals $153,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,642/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).