1455 Sagebrush DrCorralesNM87048
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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
Investment property for sale in Corrales at 1455 Sagebrush Dr, Corrales, NM, 87048 listed at $432,500 pairs $2,201/mo rent with a $2,117/mo payment. Total monthly income runs $2,201/mo. Return on cash invested measures 17.08% in year one, and rental yield registers 6.11% at a $432,500 basis. Equity gained on principal adds $2,791/yr, and annual property appreciation at 5% supports $119,492 by year five. Five-year ROI tracks 87.28% and total cumulative return in cash totals $125,143. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,201/mo property income relative to a $2,117/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87048, Corrales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 3,361 (82.4%) |
| Renter Occupied HU | 481 (11.8%) |
| Vacant Housing Units | 236 ( 5.8%) |
| Median Home Value | $542,565 |
| Average Home Value | $611,621 |
Housing Distribution
Address Breakdown
Residential
3,306
Single Family
3,306
Multi-Family
0
Businesses
345
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Listed by: Michael Schlichte • Absolute Real Estate
Mls Name: SWMLS
Mls ID: #1091437