2324 Manzano Loop NERio RanchoNM87144
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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
Investment property for sale in Rio Rancho at 2324 Manzano Loop NE, Rio Rancho, NM, 87144 listed at $649,200 pairs $3,097/mo rent with a $3,178/mo payment. Total monthly income runs $3,097/mo. Return on cash invested measures 16.05% in year one, and rental yield registers 5.72% at a $649,200 basis. Equity gained on principal adds $4,189/yr, and annual property appreciation at 5% supports $179,362 by year five. Five-year ROI tracks 81.71% and total cumulative return in cash totals $174,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,097/mo property income relative to a $3,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Carol Sauder • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1088115
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.