1321 Elkslip Dr NE,Rio Rancho,NM,87144

Investment Highlights

Investment property for sale in Rio Rancho at 1321 Elkslip Dr NE, Rio Rancho, NM, 87144 with 5% annual appreciation on a $305,600 basis while $2,315/mo rent supports operations. Total monthly income totals $2,315/mo and a $1,496/mo payment preserves $400/mo for cash returns. Annual cash flow comes to $4,803/yr on $101,306 deployed, and return on cash invested reaches 24.65% in year one. Equity gained on principal adds $1,972/yr, and five-year appreciation sums $84,432 alongside rental yield of 9.09%. Five-year ROI measures 128.41% and total cumulative return in cash totals $130,086.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,315/mo property income versus a $1,496/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.