1647 Highway 304, Belen, NM, 87002 | 2.87% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Belen at 1647 Highway 304, Belen, NM, 87002 generates $1,795/mo in rent, after a $3,671/mo payment. Total monthly income is $1,795/mo. Return on cash invested sits at 7.38% in year one, and rental yield is 2.87% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 35.2% and total cumulative return in cash sums $86,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,795/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

14.28 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