1608 Brenda Rd SERio RanchoNM87124
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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 Rio Rancho at 1608 Brenda Rd SE, Rio Rancho, NM, 87124 listed at $271,777 pairs $2,027/mo rent with a $1,330/mo payment to leave $432/mo cash flow. Total monthly income runs $2,027/mo, and annual cash flow reaches $5,184/yr on $90,094 cash to close. Return on cash invested measures 25.66% in year one, and rental yield registers 8.95% at a $271,777 basis. Equity gained on principal adds $1,754/yr, and annual property appreciation at 5% supports $75,087 by year five. Five-year ROI tracks 133.32% and total cumulative return in cash totals $120,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $1,330/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87124, Rio Rancho, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,192 (100%) |
| Owner Occupied HU | 18,505 (76.5%) |
| Renter Occupied HU | 4,704 (19.4%) |
| Vacant Housing Units | 983 ( 4.1%) |
| Median Home Value | $324,394 |
| Average Home Value | $348,805 |
Housing Distribution
Address Breakdown
Residential
23,503
Single Family
21,690
Multi-Family
1,813
Businesses
1,117
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Listed by: N/A • N/A
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Mls ID: #N/A