3214 Chama Meadows Dr NE,Rio Rancho,NM,87144

Investment Highlights

Investment property for sale in Rio Rancho at 3214 Chama Meadows Dr NE, Rio Rancho, NM, 87144 offers a 8.42% rental yield on a $260,000 purchase with $1,825/mo rent. Total monthly income registers $1,825/mo, and a $1,273/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,582/yr on $86,190 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 124.73% and total cumulative return in cash at $107,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,825/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.