37 Rim DrLos OjosNM87551
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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 Los Ojos at 37 Rim Dr, Los Ojos, NM, 87551 generates $2,052/mo in rent, after a $1,713/mo payment. Total monthly income is $2,052/mo. Return on cash invested sits at 19.89% in year one, and rental yield is 7.04% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 102.3% and total cumulative return in cash sums $118,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,052/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87551, Los Ojos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 333 (100%) |
| Owner Occupied HU | 104 (31.2%) |
| Renter Occupied HU | 24 ( 7.2%) |
| Vacant Housing Units | 205 (61.6%) |
| Median Home Value | $331,429 |
| Average Home Value | $296,154 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
23
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Listed by: Christie Bundren • Realty One Of Chama
Mls Name: New Mexico MLS
Mls ID: #20257208