1982 Castle Peak Loop NERio RanchoNM87144
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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 Rio Rancho at 1982 Castle Peak Loop NE, Rio Rancho, NM, 87144 with 5% annual appreciation on a $585,000 basis while $3,299/mo rent supports operations. 41% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 6.77%. Five-year ROI measures 89.64% and total cumulative return in cash totals $172,518. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,299/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
10,018 sqft lot
$N/A/sqft
$500 quarterly HOA
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Listed by: Tamara M Groves • Realty One of New Mexico
Mls Name: SWMLS
Mls Provider:
Mls ID: #1081105
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.