139 Rivers EdgeSan PatricioNM88348
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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
Rental property for sale in San Patricio at 139 Rivers Edge, San Patricio, NM, 88348 priced at $435,000 converts $2,970/mo rent into $417/mo cash flow after a $2,129/mo obligation. Total monthly income equals $2,970/mo, and annual cash flow totals $5,002/yr on $144,203 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 8.19% against a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 121.02% and total cumulative return in cash sums $174,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,970/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88348, San Patricio, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 156 (59.8%) |
| Renter Occupied HU | 35 (13.4%) |
| Vacant Housing Units | 70 (26.8%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,849 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
3
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Listed by: Paul Taylor, Iii • Ranchline Taylor & Taylor Realtors
Mls Name: New Mexico MLS
Mls ID: #20256878