133 Old State Highway 3Arroyo HondoNM87513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Arroyo Hondo at 133 Old State Highway 3, Arroyo Hondo, NM, 87513 generates $2,881/mo in rent, after a $3,720/mo payment. Total monthly income is $2,881/mo. Return on cash invested sits at 12.48% in year one, and rental yield is 4.55% on a $759,999 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation builds toward $209,974 over five years. Five-year ROI reaches 62.52% and total cumulative return in cash sums $156,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,881/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87513, Arroyo Hondo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 525 (63.5%) |
| Renter Occupied HU | 137 (16.6%) |
| Vacant Housing Units | 165 (20.0%) |
| Median Home Value | $439,948 |
| Average Home Value | $436,795 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
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Listed by: John Trujillo • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #114275