13 Colorado RdTres PiedrasNM87577
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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 Tres Piedras at 13 Colorado Rd, Tres Piedras, NM, 87577 offers a 0% rental yield on a $315,000 purchase with $0/mo rent. 34% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87577, Tres Piedras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 67 (64.4%) |
| Renter Occupied HU | 6 ( 5.8%) |
| Vacant Housing Units | 31 (29.8%) |
| Median Home Value | $323,333 |
| Average Home Value | $420,634 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: Page Sullivan Real Estate Group • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #113982