38 County Road B40aRiberaNM87560
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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 Ribera at 38 County Road B40a, Ribera, NM, 87560 at $119,900 posts ROI 55.33% with $1,173/mo cash flow from $1,877/mo rent. Total monthly income equals $1,877/mo, and annual cash flow records $14,077/yr on $39,747 to close. Return on cash invested measures 55.33% and rental yield reads 18.79% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 292.49% and total cumulative return in cash totals $116,256.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,877/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87560, Ribera, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 740 (100%) |
| Owner Occupied HU | 496 (67.0%) |
| Renter Occupied HU | 68 ( 9.2%) |
| Vacant Housing Units | 176 (23.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $169,546 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
264
Multi-Family
0
Businesses
33
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Listed by: Jason Lieberman • Albuquerque House Hunting
Mls Name: SWMLS
Mls ID: #1072281