14193A State Highway 75PenascoNM87553
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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 Penasco at 14193A State Highway 75, Penasco, NM, 87553 generates $0/mo in rent, after a $1,659/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.34% in year one, and rental yield is 0% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87553, Penasco, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 507 (66.6%) |
| Renter Occupied HU | 115 (15.1%) |
| Vacant Housing Units | 139 (18.3%) |
| Median Home Value | $185,451 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
40
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Nova Sheppard • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #114432