290 County Road 52VelardeNM87582
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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 Velarde at 290 County Road 52, Velarde, NM, 87582 generates $1,255/mo in rent, after a $1,803/mo payment. Total monthly income is $1,255/mo. Return on cash invested sits at 10.99% in year one, and rental yield is 4.09% on a $368,300 entry. Equity gained on principal adds $2,377/yr, while 5% annual appreciation builds toward $101,755 over five years. Five-year ROI reaches 54.6% and total cumulative return in cash sums $66,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,255/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87582, Velarde, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 183 (72.0%) |
| Renter Occupied HU | 38 (15.0%) |
| Vacant Housing Units | 33 (13.0%) |
| Median Home Value | $231,410 |
| Average Home Value | $253,893 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
9
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Listed by: N/A • N/A
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Mls ID: #N/A