301 County Rd #89RinconNM87940
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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 Rincon at 301 County Rd #89, Rincon, NM, 87940 earns from $0/mo rent with a $587/mo payment. Total monthly income totals $0/mo. ROI tracks -1.33% on current figures, and rental yield reads 0% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87940, Rincon, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 106 (75.2%) |
| Renter Occupied HU | 20 (14.2%) |
| Vacant Housing Units | 15 (10.6%) |
| Median Home Value | $137,500 |
| Average Home Value | $286,415 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: Elias Elizaldez • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2500868
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.