1653 Perma Dr NE, Rio Rancho, NM, 87144 | $432/mo Cash Flow

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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 Rio Rancho at 1653 Perma Dr NE, Rio Rancho, NM, 87144 generates $2,090/mo in rent and, after a $1,383/mo payment, leaves $432/mo in cash flow. Total monthly income is $2,090/mo, and annual cash flow is $5,179/yr on $93,649 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 8.88% on a $282,500 entry. Equity gained on principal adds $1,823/yr, while 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 132.09% and total cumulative return in cash sums $123,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,090/mo property income rather than buyer’s personal income.

Single Family

Built in 1993

5,662 sqft lot

$N/A/sqft

No HOA