1706 Zamora CtRio CommunitiesNM87002
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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 Communities at 1706 Zamora Ct, Rio Communities, NM, 87002 priced at $214,900 converts $1,570/mo rent into $308/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,570/mo, and annual cash flow totals $3,702/yr on $71,239 invested. Return on cash invested prints 25.11% in year one, and rental yield reads 8.77% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 130.34% and total cumulative return in cash sums $92,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,570/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Townhouse
Built in 1978
1,742 sqft 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 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Desiree Cosby • EXP Realty LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1064863
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.