267 Star Meadow RdPlacitasNM87043
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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
Investment property for sale in Placitas at 267 Star Meadow Rd, Placitas, NM, 87043 at $120,000 posts ROI 86.39% with $2,204/mo cash flow from $2,983/mo rent. Total monthly income equals $2,983/mo, and annual cash flow records $26,448/yr on $39,780 to close. Return on cash invested measures 86.39% and rental yield reads 29.83% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 459.72% and total cumulative return in cash totals $182,875.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,983/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
1.23 Acres lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Listed by: Nicole L Ackerman • La Puerta Real Estate Serv LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1042522
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.