15 Brass Cap RdChamaNM87520
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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 Chama at 15 Brass Cap Rd, Chama, NM, 87520 priced at $665,000 converts $2,591/mo rent into after a $3,255/mo obligation. Total monthly income equals $2,591/mo. Return on cash invested prints 12.86% in year one, and rental yield reads 4.68% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 64.6% and total cumulative return in cash sums $141,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,591/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87520, Chama, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 384 (59.4%) |
| Renter Occupied HU | 96 (14.8%) |
| Vacant Housing Units | 167 (25.8%) |
| Median Home Value | $258,333 |
| Average Home Value | $467,337 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
110
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Listed by: Hunter Battle • United Country - Northern New Mexico Real Estate
Mls Name: New Mexico MLS
Mls ID: #20257260