127 Las Ramblas Ave NWRio RanchoNM87144
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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 Rio Rancho at 127 Las Ramblas Ave NW, Rio Rancho, NM, 87144 offers $1,982/mo rent that, after a $1,405/mo payment, leaves $277/mo cash flow. Total monthly income is $1,982/mo, and annual cash flow is $3,326/yr on $95,141 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 8.29% at a $287,000 entry. Equity gained on principal adds $1,852/yr while 5% annual appreciation compounds into $79,293 by year five. Five-year ROI records 121.28% and total cumulative return in cash reaches $115,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,982/mo property income versus a $1,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
4,791 sqft lot
$N/A/sqft
$60 quarterly HOA
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Listed by: Lindsey Thomas • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1083557
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.