23 Pendaries Village LnRociadaNM87742
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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 Rociada at 23 Pendaries Village Ln, Rociada, NM, 87742 priced at $228,000 converts $0/mo rent into after a $1,116/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.34% in year one, and rental yield reads 0% against a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation compiles into $62,992 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,116/mo payment, not borrower’s personal income.
Townhouse
Built in 1978
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87742, Rociada, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 169 (40.9%) |
| Renter Occupied HU | 18 ( 4.4%) |
| Vacant Housing Units | 226 (54.7%) |
| Median Home Value | $295,000 |
| Average Home Value | $314,068 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: Laurie Frantz • Real Broker LLC
Mls Name: SFARMLS
Mls ID: #202502599