40 La Morada RdTaosNM87557
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 Taos at 40 La Morada Rd, Taos, NM, 87557 offers a 3.72% rental yield on a $795,000 purchase with $2,464/mo rent. 96% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 49.01% and total cumulative return in cash at $128,182. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,464/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
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Nearby investment properties with comparable prices
Listed by: Doug DeCoursey • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #113586
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