2241 Conner RdRedrockNM88055
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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 Redrock at 2241 Conner Rd, Redrock, NM, 88055 priced at $209,800 pairs $1,435/mo rent with $203/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,435/mo, and annual cash flow comes to $2,441/yr on $69,549 invested. Return on cash invested is 23.42% in year one, and rental yield stands at 8.21% on a $209,800 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,964 by year five. Five-year ROI measures 121.28% and total cumulative return in cash reaches $84,349. For financing, Ziffy Mortgage’s DSCR program evaluates $1,435/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
9.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88055, Redrock, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3 (100%) |
| Owner Occupied HU | 3 (100.0%) |
| Renter Occupied HU | 0 |
| Vacant Housing Units | 0 |
| Median Home Value | $225,000 |
| Average Home Value | $429,167 |
Housing Distribution
Address Breakdown
Residential
32
Single Family
32
Multi-Family
0
Businesses
0
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Listed by: N/A • N/A
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