3114 Chayote Rd NERio RanchoNM87144
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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 Rio Rancho at 3114 Chayote Rd NE, Rio Rancho, NM, 87144 priced at $949,900 pairs $3,876/mo rent with after a $4,649/mo payment. Total monthly income equals $3,876/mo. Return on cash invested is 13.54% in year one, and rental yield stands at 4.9% on a $949,900 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,440 by year five. Five-year ROI measures 68.2% and total cumulative return in cash reaches $213,150. For financing, Ziffy Mortgage’s DSCR program evaluates $3,876/mo property income against a $4,649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.13 Acres lot
$N/A/sqft
No HOA
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Listed by: Susan R Agostini • Enchanted Homes Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082533
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.