4 Meikle RdTijerasNM87059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tijeras at 4 Meikle Rd, Tijeras, NM, 87059 listed at $565,300 pairs $4,458/mo rent with a $2,767/mo payment to leave $1,129/mo cash flow. Total monthly income runs $4,458/mo, and annual cash flow reaches $13,554/yr on $185,984 cash to close. Return on cash invested measures 27.35% in year one, and rental yield registers 9.46% at a $565,300 basis. Equity gained on principal adds $3,648/yr, and annual property appreciation at 5% supports $156,182 by year five. Five-year ROI tracks 142.32% and total cumulative return in cash totals $264,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,458/mo property income relative to a $2,767/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87059, Tijeras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,506 (100%) |
| Owner Occupied HU | 3,672 (81.5%) |
| Renter Occupied HU | 305 ( 6.8%) |
| Vacant Housing Units | 529 (11.7%) |
| Median Home Value | $402,850 |
| Average Home Value | $448,027 |
Housing Distribution
Address Breakdown
Residential
3,634
Single Family
3,634
Multi-Family
0
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A