1643 Agua Dulce Dr 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
Rental property for sale in Rio Rancho at 1643 Agua Dulce Dr SE, Rio Rancho, NM, 87124 generates $3,162/mo in rent and, after a $1,566/mo payment, leaves $1,184/mo in cash flow. Total monthly income is $3,162/mo, and annual cash flow is $14,202/yr on $106,080 invested. Return on cash invested sits at 33.3% in year one, and rental yield is 11.86% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 174.64% and total cumulative return in cash sums $185,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,162/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
5,227 sqft lot
$N/A/sqft
$150 annually 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: John Myers • Myers & Myers Real Estate, Inc
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084761
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.