14 Nighthawk CtPlacitasNM87043
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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 Placitas at 14 Nighthawk Ct, Placitas, NM, 87043 priced at $679,900 converts $4,093/mo rent into $90/mo cash flow after a $3,328/mo obligation. Total monthly income equals $4,093/mo, and annual cash flow totals $1,075/yr on $223,687 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 7.22% against a $679,900 entry. Equity gained on principal adds $4,387/yr, while 5% annual appreciation compiles into $187,844 by year five. Five-year ROI reaches 105.8% and total cumulative return in cash sums $236,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,093/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 1997
2.01 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Listed by: Mark J Puckett • Platinum Properties & Invst.
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084357
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.