37 Buena Vida RdGrantsNM87020
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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 Grants at 37 Buena Vida Rd, Grants, NM, 87020 priced at $269,000 converts $1,901/mo rent into $322/mo cash flow after a $1,317/mo obligation. Total monthly income equals $1,901/mo, and annual cash flow totals $3,861/yr on $89,174 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 8.48% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 125.65% and total cumulative return in cash sums $112,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,901/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Manufactured
Built in 1979
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87020, Grants, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 3,469 (59.6%) |
| Renter Occupied HU | 1,457 (25.0%) |
| Vacant Housing Units | 896 (15.4%) |
| Median Home Value | $155,856 |
| Average Home Value | $195,601 |
Housing Distribution
Address Breakdown
Residential
3,697
Single Family
3,474
Multi-Family
223
Businesses
428
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Listed by: Candas Jaramillo • Riverwalk Realty LLC
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20251323
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.