148 W Romero RdRanchos De TaosNM87557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ranchos De Taos at 148 W Romero Rd, Ranchos De Taos, NM, 87557 priced at $495,000 pairs $2,557/mo rent with after a $2,423/mo payment. Total monthly income equals $2,557/mo. Return on cash invested is 17.36% in year one, and rental yield stands at 6.2% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 88.76% and total cumulative return in cash reaches $145,642. For financing, Ziffy Mortgage’s DSCR program evaluates $2,557/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
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Listed by: Pennie Wardlow • Taos Real Estate Group, LLC
Mls Name: Enchanted Circle
Mls ID: #113716