2438 Royal Troon St 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
Rental property for sale in Rio Rancho at 2438 Royal Troon St NE, Rio Rancho, NM, 87144 priced at $406,990 converts $0/mo rent into after a $1,992/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.69% in year one, and rental yield reads 0% against a $406,990 entry. Equity gained on principal adds $2,626/yr, while 5% annual appreciation compiles into $112,444 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,992/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$40 monthly HOA
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No similar rental properties found nearby.
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Listed by: Melyssa Johnston • D.R. Horton, Inc.
Mls Name: SWMLS
Mls Provider:
Mls ID: #1083783
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.