15 Calle MananaBelenNM87002
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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 Belen at 15 Calle Manana, Belen, NM, 87002 priced at $224,900 pairs $1,711/mo rent with $391/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,711/mo, and annual cash flow comes to $4,689/yr on $74,554 invested. Return on cash invested is 26.2% in year one, and rental yield stands at 9.13% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 136.16% and total cumulative return in cash reaches $101,509. For financing, Ziffy Mortgage’s DSCR program evaluates $1,711/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Adrian Sanchez • Premiere 1 Real Estate, LLC
Mls Name: SWMLS
Mls ID: #1090223