24 Nickell RdTaosNM87557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Taos at 24 Nickell Rd, Taos, NM, 87557 priced at $752,800 converts $3,167/mo rent into after a $3,685/mo obligation. Total monthly income equals $3,167/mo. Return on cash invested prints 13.99% in year one, and rental yield reads 5.05% against a $752,800 entry. Equity gained on principal adds $4,858/yr, while 5% annual appreciation compiles into $207,985 by year five. Five-year ROI reaches 70.68% and total cumulative return in cash sums $175,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,167/mo property income covering a $3,685/mo payment, not borrower’s personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #112263