408 Playful Meadows Dr NERio RanchoNM87144
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 Rio Rancho at 408 Playful Meadows Dr NE, Rio Rancho, NM, 87144 earns $799/mo cash flow from $2,674/mo rent with a $1,468/mo payment. Total monthly income totals $2,674/mo, and annual cash flow totals $9,582/yr on $99,447 capital. ROI tracks 29.54% on current figures, and rental yield reads 10.7% at a $299,990 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,882 over five years. Five-year ROI reaches 154.61% and total cumulative return in cash sums $153,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,674/mo property income instead of your personal income.
Single Family
Built in 2007
5,227 sqft lot
$N/A/sqft
$52 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Garcia • Primetime Realty Inc
Mls Name: SWMLS
Mls Provider:
Mls ID: #1086794
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.