31 Skyview WayAngel FireNM87710
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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
Rental property for sale in Angel Fire at 31 Skyview Way, Angel Fire, NM, 87710 priced at $1,499,000 converts $2,026/mo rent into after a $7,337/mo obligation. Total monthly income equals $2,026/mo. Return on cash invested prints 3.64% in year one, and rental yield reads 1.62% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 15.05% and total cumulative return in cash sums $73,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,026/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87710, Angel Fire, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,397 (100%) |
| Owner Occupied HU | 480 (20.0%) |
| Renter Occupied HU | 122 ( 5.1%) |
| Vacant Housing Units | 1,795 (74.9%) |
| Median Home Value | $443,617 |
| Average Home Value | $447,078 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
152
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Listed by: Lisa Sutton • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #113614