3 Quail Run EEdgewoodNM87015
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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 Edgewood at 3 Quail Run E, Edgewood, NM, 87015 with 5% annual appreciation on a $255,000 basis while $2,051/mo rent supports operations. Total monthly income totals $2,051/mo and a $1,248/mo payment preserves $554/mo for cash returns. Annual cash flow comes to $6,652/yr on $84,533 deployed, and return on cash invested reaches 27.78% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 9.65%. Five-year ROI measures 144.66% and total cumulative return in cash totals $122,288.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,051/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Listed by: Peter A Cochran • Weichert, Realtors Image
Mls Name: SWMLS
Mls ID: #1096074