38 Tres Lomas ArroyoEl PradoNM87529
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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 El Prado at 38 Tres Lomas Arroyo, El Prado, NM, 87529 uses $189,175 cash to close to unlock $17/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $3,376/mo, and a $2,814/mo payment keeps the spread at $1/mo. Purchase price stands at $575,000, and rental yield measures 7.05% with $3,376/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 103.25% and total cumulative return in cash records $195,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,376/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87529, El Prado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,722 (100%) |
| Owner Occupied HU | 2,251 (60.5%) |
| Renter Occupied HU | 726 (19.5%) |
| Vacant Housing Units | 745 (20.0%) |
| Median Home Value | $530,373 |
| Average Home Value | $557,665 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
683
Multi-Family
2
Businesses
91
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Listed by: Lisa Cancro • TAOS PROPERTIES REAL ESTATE INVESTMENT
Mls Name: Enchanted Circle
Mls ID: #113855