343 Los Cordovas RdRanchos De TaosNM87557
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 Ranchos De Taos at 343 Los Cordovas Rd, Ranchos De Taos, NM, 87557 offers a 5.01% rental yield on a $815,000 purchase with $3,400/mo rent. 87% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 70% and total cumulative return in cash at $187,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,400/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robban Reynolds • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #114103