3317 Palmyra Ct NE, Rio Rancho, NM, 87144 | 5.92% Rental Yield

For Sale

Ziffy Mortgage

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 3317 Palmyra Ct NE, Rio Rancho, NM, 87144 generates $3,254/mo in rent, after a $3,230/mo payment. Total monthly income is $3,254/mo. Return on cash invested sits at 16.64% in year one, and rental yield is 5.92% on a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation builds toward $182,346 over five years. Five-year ROI reaches 84.85% and total cumulative return in cash sums $184,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,254/mo property income rather than buyer’s personal income.

Single Family

Built in 2022

0.50 Acres lot

$N/A/sqft

No HOA