2 Ethel Sandlin LnSandia ParkNM87047
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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 Sandia Park at 2 Ethel Sandlin Ln, Sandia Park, NM, 87047 listed at $557,000 pairs $3,382/mo rent with a $2,726/mo payment to leave $113/mo cash flow. Total monthly income runs $3,382/mo, and annual cash flow reaches $1,355/yr on $183,253 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 7.29% at a $557,000 basis. Equity gained on principal adds $3,594/yr, and annual property appreciation at 5% supports $153,889 by year five. Five-year ROI tracks 107.16% and total cumulative return in cash totals $196,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,382/mo property income relative to a $2,726/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87047, Sandia Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,690 (100%) |
| Owner Occupied HU | 2,208 (82.1%) |
| Renter Occupied HU | 193 ( 7.2%) |
| Vacant Housing Units | 289 (10.7%) |
| Median Home Value | $460,325 |
| Average Home Value | $531,024 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
87
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Listed by: John Sheffer • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1094873