40 Private Drive 1693bOjo CalienteNM87549
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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 Ojo Caliente at 40 Private Drive 1693b, Ojo Caliente, NM, 87549 generates $3,464/mo in rent and, after a $2,814/mo payment, leaves $89/mo in cash flow. Total monthly income is $3,464/mo, and annual cash flow is $1,073/yr on $189,175 invested. Return on cash invested sits at 20.63% in year one, and rental yield is 7.23% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 106.25% and total cumulative return in cash sums $200,999. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,464/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
3.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87549, Ojo Caliente, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 235 (100%) |
| Owner Occupied HU | 158 (67.2%) |
| Renter Occupied HU | 23 ( 9.8%) |
| Vacant Housing Units | 54 (23.0%) |
| Median Home Value | $345,455 |
| Average Home Value | $361,028 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
15
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Listed by: Philip Greiner • Santa Fe Realty Unlimited
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202402509
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.