131 Shae RdCoronaNM88318
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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 Corona at 131 Shae Rd, Corona, NM, 88318 listed at $500,000 pairs $3,078/mo rent with a $2,447/mo payment to leave $144/mo cash flow. Total monthly income runs $3,078/mo, and annual cash flow reaches $1,722/yr on $165,750 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.39% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 108% and total cumulative return in cash totals $179,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,078/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
39.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88318, Corona, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 114 (52.3%) |
| Renter Occupied HU | 23 (10.6%) |
| Vacant Housing Units | 81 (37.2%) |
| Median Home Value | $275,000 |
| Average Home Value | $451,294 |
Housing Distribution
Address Breakdown
Residential
8
Single Family
8
Multi-Family
0
Businesses
21
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Listed by: Matthew David Chavez • Realty One Group Concierge
Mls Name: SWMLS
Mls ID: #1067480