31 Homestead Rd, Edgewood, NM, 87015 | 6.74% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Edgewood at 31 Homestead Rd, Edgewood, NM, 87015 with 5% annual appreciation on a $360,000 basis while $2,023/mo rent supports operations. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 6.74%. Five-year ROI measures 97.55% and total cumulative return in cash totals $116,421. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,023/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 1993

2.50 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