1317 22nd Ave SERio RanchoNM87124
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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 Rio Rancho at 1317 22nd Ave SE, Rio Rancho, NM, 87124 earns from $3,442/mo rent with a $4,870/mo payment. Total monthly income totals $3,442/mo. ROI tracks 11.27% on current figures, and rental yield reads 4.15% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 56.05% and total cumulative return in cash sums $183,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,442/mo property income instead of your personal income.
Single Family
Built in 2008
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87124, Rio Rancho, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,192 (100%) |
| Owner Occupied HU | 18,505 (76.5%) |
| Renter Occupied HU | 4,704 (19.4%) |
| Vacant Housing Units | 983 ( 4.1%) |
| Median Home Value | $324,394 |
| Average Home Value | $348,805 |
Housing Distribution
Address Breakdown
Residential
23,503
Single Family
21,690
Multi-Family
1,813
Businesses
1,117
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Listed by: Kimberly Trujillo • R1 Property Management, LLC
Mls Name: SWMLS
Mls ID: #1095891