23 Road 3540Flora VistaNM87415
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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 Flora Vista at 23 Road 3540, Flora Vista, NM, 87415 generates $2,428/mo in rent, after a $2,300/mo payment. Total monthly income is $2,428/mo. Return on cash invested sits at 17.37% in year one, and rental yield is 6.2% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 88.78% and total cumulative return in cash sums $138,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,428/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87415, Flora Vista, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 534 (65.7%) |
| Renter Occupied HU | 120 (14.8%) |
| Vacant Housing Units | 159 (19.6%) |
| Median Home Value | $240,278 |
| Average Home Value | $284,635 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
472
Multi-Family
0
Businesses
85
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Listed by: Gabe Sedillo • Real Estate PROS
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.