145 Camino De Las HuertasPlacitasNM87043
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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 145 Camino De Las Huertas, Placitas, NM, 87043 priced at $450,000 pairs $2,770/mo rent with $128/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,770/mo, and annual cash flow comes to $1,539/yr on $149,175 invested. Return on cash invested is 20.94% in year one, and rental yield stands at 7.39% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 107.97% and total cumulative return in cash reaches $161,070. For financing, Ziffy Mortgage’s DSCR program evaluates $2,770/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.60 Acres lot
$N/A/sqft
No 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: Sandi D. Pressley • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1089398