300 Wisconsin StBelenNM87002
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 300 Wisconsin St, Belen, NM, 87002 at $163,400 posts ROI 26.57% with $301/mo cash flow from $1,260/mo rent. Total monthly income equals $1,260/mo, and annual cash flow records $3,608/yr on $54,167 to close. Return on cash invested measures 26.57% and rental yield reads 9.25% at the current $163,400. Equity gained on principal adds $1,054/yr, and 5% annual appreciation supports $45,144 by year five. Five-year ROI prints 138.17% and total cumulative return in cash totals $74,845.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
2,178 sqft 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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Nearby investment properties with comparable prices
Listed by: Jason Lieberman • Albuquerque House Hunting
Mls Name: SWMLS
Mls ID: #1092426