1530 Odelia LnEspanolaNM87532
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 Espanola at 1530 Odelia Ln, Espanola, NM, 87532 generates $2,340/mo in rent and, after a $1,757/mo payment, leaves $233/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $2,796/yr on $119,009 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 7.82% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 115.01% and total cumulative return in cash sums $136,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
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Listed by: Jacob A. Martinez • Keller Williams Realty
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202404857
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.