25 County Road 98ChimayoNM87522
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 Chimayo at 25 County Road 98, Chimayo, NM, 87522 priced at $179,000 converts $1,440/mo rent into $389/mo cash flow after a $876/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $4,674/yr on $59,339 invested. Return on cash invested prints 27.79% in year one, and rental yield reads 9.65% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 144.7% and total cumulative return in cash sums $85,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87522, Chimayo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,444 (75.7%) |
| Renter Occupied HU | 236 (12.4%) |
| Vacant Housing Units | 228 (11.9%) |
| Median Home Value | $262,698 |
| Average Home Value | $284,060 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose A. Renteria • EXIT Realty Advantage NM
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202404353
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.