169 La Parra RdEstanciaNM87016
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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 Estancia at 169 La Parra Rd, Estancia, NM, 87016 listed at $499,900 pairs $1,558/mo rent with a $2,447/mo payment. Total monthly income runs $1,558/mo. Return on cash invested measures 9.94% in year one, and rental yield registers 3.74% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 48.98% and total cumulative return in cash totals $81,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,558/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2009
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87016, Estancia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,082 (66.1%) |
| Renter Occupied HU | 261 (15.9%) |
| Vacant Housing Units | 294 (18.0%) |
| Median Home Value | $245,604 |
| Average Home Value | $372,733 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
71
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Listed by: Katrina Y Flores • Premiere 1 Real Estate, LLC
Mls Name: SWMLS
Mls ID: #1091694