2 Happy Trail WayTres PiedrasNM87577
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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 Tres Piedras at 2 Happy Trail Way, Tres Piedras, NM, 87577 generates $0/mo in rent, after a $2,682/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.35% in year one, and rental yield is 0% on a $548,000 entry. Equity gained on principal adds $3,536/yr, while 5% annual appreciation builds toward $151,402 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87577, Tres Piedras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 67 (64.4%) |
| Renter Occupied HU | 6 ( 5.8%) |
| Vacant Housing Units | 31 (29.8%) |
| Median Home Value | $323,333 |
| Average Home Value | $420,634 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #112830