360 Pinon Ridge RdSandia ParkNM87047
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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
Investment property for sale in Sandia Park at 360 Pinon Ridge Rd, Sandia Park, NM, 87047 listed at $230,000 pairs $0/mo rent with a $1,126/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.34% in year one, and rental yield registers 0% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
2.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87047, Sandia Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,690 (100%) |
| Owner Occupied HU | 2,208 (82.1%) |
| Renter Occupied HU | 193 ( 7.2%) |
| Vacant Housing Units | 289 (10.7%) |
| Median Home Value | $460,325 |
| Average Home Value | $531,024 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
87
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No similar rental properties found nearby.
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Listed by: The Peak Team • MORE Realty, Inc
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084318
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.