41 Tunnel Springs RdPlacitasNM87043
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
Rental property for sale in Placitas at 41 Tunnel Springs Rd, Placitas, NM, 87043 offers $3,065/mo rent that, after a $3,494/mo payment. Total monthly income is $3,065/mo. Return on cash invested measures 14.31% in year one, and rental yield stands at 5.15% at a $713,800 entry. Equity gained on principal adds $4,606/yr while 5% annual appreciation compounds into $197,210 by year five. Five-year ROI records 72.38% and total cumulative return in cash reaches $169,984. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,065/mo property income versus a $3,494/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A