3106 Farragut St NE, Rio Rancho, NM, 87144 | $711/mo Cash Flow

For Sale

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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

Rental property for sale in Rio Rancho at 3106 Farragut St NE, Rio Rancho, NM, 87144 generates $3,499/mo in rent and, after a $2,325/mo payment, leaves $711/mo in cash flow. Total monthly income is $3,499/mo, and annual cash flow is $8,530/yr on $157,463 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 8.84% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 131.46% and total cumulative return in cash sums $206,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,499/mo property income rather than buyer’s personal income.

Single Family

Built in 2021

8,276 sqft lot

$N/A/sqft

No HOA