250 Valle Grande RdBosque FarmsNM87068
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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 Bosque Farms at 250 Valle Grande Rd, Bosque Farms, NM, 87068 offers $1,897/mo rent that, after a $1,664/mo payment. Total monthly income is $1,897/mo. Return on cash invested measures 18.86% in year one, and rental yield stands at 6.7% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 96.81% and total cumulative return in cash reaches $109,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,897/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87068, Bosque Farms, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,964 (100%) |
| Owner Occupied HU | 1,671 (85.1%) |
| Renter Occupied HU | 191 ( 9.7%) |
| Vacant Housing Units | 102 ( 5.2%) |
| Median Home Value | $298,797 |
| Average Home Value | $373,431 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,840
Multi-Family
0
Businesses
114
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Listed by: Juan F Duran • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1093858