3 Cc Pino CtBelenNM87002
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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 Belen at 3 Cc Pino Ct, Belen, NM, 87002 at $115,000 posts ROI 26.39% with $206/mo cash flow from $881/mo rent. Total monthly income equals $881/mo, and annual cash flow records $2,470/yr on $38,123 to close. Return on cash invested measures 26.39% and rental yield reads 9.19% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 137.2% and total cumulative return in cash totals $52,305.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $881/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1988
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Evelyn L Orona • Orona Real Estate & Invst. Inc
Mls Name: SWMLS
Mls ID: #1085513