1796 Ira Dr NE, Rio Rancho, NM, 87144 | $115/mo Cash Flow

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

Investment property for sale in Rio Rancho at 1796 Ira Dr NE, Rio Rancho, NM, 87144 offers a 7.54% rental yield on a $275,000 purchase with $1,729/mo rent. Total monthly income registers $1,729/mo, and a $1,346/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,379/yr on $91,163 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 110.53% and total cumulative return in cash at $100,763. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,729/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1989

6,534 sqft lot

$N/A/sqft

No HOA