310 Rio Lucero RdEl PradoNM87529
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 El Prado at 310 Rio Lucero Rd, El Prado, NM, 87529 earns $562/mo cash flow from $3,638/mo rent with a $2,565/mo payment. Total monthly income totals $3,638/mo, and annual cash flow totals $6,745/yr on $172,396 capital. ROI tracks 23.97% on current figures, and rental yield reads 8.33% at a $524,000 purchase. Equity gained on principal adds $3,381/yr, and 5% annual appreciation supports $144,772 over five years. Five-year ROI reaches 124.2% and total cumulative return in cash sums $214,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,638/mo property income instead of your personal income.
Single Family
Built in 1978
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87529, El Prado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,722 (100%) |
| Owner Occupied HU | 2,251 (60.5%) |
| Renter Occupied HU | 726 (19.5%) |
| Vacant Housing Units | 745 (20.0%) |
| Median Home Value | $530,373 |
| Average Home Value | $557,665 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
683
Multi-Family
2
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Page Sullivan Real Estate Group • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #113267
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