3 Algodones CtPeraltaNM87042
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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 Peralta at 3 Algodones Ct, Peralta, NM, 87042 listed at $252,600 pairs $2,365/mo rent with a $1,236/mo payment to leave $883/mo cash flow. Total monthly income runs $2,365/mo, and annual cash flow reaches $10,593/yr on $83,737 cash to close. Return on cash invested measures 32.56% in year one, and rental yield registers 11.24% at a $252,600 basis. Equity gained on principal adds $1,630/yr, and annual property appreciation at 5% supports $69,789 by year five. Five-year ROI tracks 170.26% and total cumulative return in cash totals $142,570. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,365/mo property income relative to a $1,236/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87042, Peralta, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,317 (100%) |
| Owner Occupied HU | 1,067 (81.0%) |
| Renter Occupied HU | 182 (13.8%) |
| Vacant Housing Units | 68 ( 5.2%) |
| Median Home Value | $335,787 |
| Average Home Value | $367,109 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
143
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Listed by: N/A • N/A
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Mls ID: #N/A