217 S Park AveAztecNM87410
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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 Aztec at 217 S Park Ave, Aztec, NM, 87410 generates $1,795/mo in rent, after a $1,517/mo payment. Total monthly income is $1,795/mo. Return on cash invested sits at 19.63% in year one, and rental yield is 6.95% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 100.91% and total cumulative return in cash sums $103,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,795/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87410, Aztec, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,074 (100%) |
| Owner Occupied HU | 4,841 (68.4%) |
| Renter Occupied HU | 1,454 (20.6%) |
| Vacant Housing Units | 779 (11.0%) |
| Median Home Value | $219,771 |
| Average Home Value | $243,624 |
Housing Distribution
Address Breakdown
Residential
6,016
Single Family
5,949
Multi-Family
67
Businesses
386
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Listed by: Elizabeth M Tafoya • RE/MAX of Farmington
Mls Name: SJCMLS
Mls ID: #25-1508