187 Barton RdEdgewoodNM87015
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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 Edgewood at 187 Barton Rd, Edgewood, NM, 87015 priced at $299,777 pairs $2,190/mo rent with after a $1,467/mo payment. Total monthly income equals $2,190/mo. Return on cash invested is 16.88% in year one, and rental yield stands at 8.77% on a $299,777 basis. Equity gained on principal adds $1,934/yr, and 5% annual appreciation accumulates to $82,823 by year five. Five-year ROI measures 89.2% and total cumulative return in cash reaches $88,646. For financing, Ziffy Mortgage’s DSCR program evaluates $2,190/mo property income against a $1,467/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Listed by: K2 Omni Group • EXP Realty, LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1096390
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.