28 Cliff View DrCerrillosNM87010
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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
Investment property for sale in Cerrillos at 28 Cliff View Dr, Cerrillos, NM, 87010 uses $112,047 cash to close to unlock $6,557/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,654/mo payment keeps the spread at $546/mo. Purchase price stands at $338,000, and rental yield measures 8.98% with $2,530/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 133.82% and total cumulative return in cash records $149,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Single Family
Built in 1985
24.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87010, Cerrillos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 809 (100%) |
| Owner Occupied HU | 526 (65.0%) |
| Renter Occupied HU | 154 (19.0%) |
| Vacant Housing Units | 129 (15.9%) |
| Median Home Value | $477,193 |
| Average Home Value | $552,776 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
66
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Listed by: Zachary H. Hubby • Coldwell Banker Mountain Prop
Mls Name: SFARMLS
Mls ID: #202502046