42 Private Dr #1622AbiquiuNM87510
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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 Abiquiu at 42 Private Dr #1622, Abiquiu, NM, 87510 generates $2,953/mo in rent, after a $3,181/mo payment. Total monthly income is $2,953/mo. Return on cash invested sits at 15.22% in year one, and rental yield is 5.45% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 77.28% and total cumulative return in cash sums $165,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,953/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87510, Abiquiu, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 831 (100%) |
| Owner Occupied HU | 608 (73.2%) |
| Renter Occupied HU | 92 (11.1%) |
| Vacant Housing Units | 131 (15.8%) |
| Median Home Value | $303,279 |
| Average Home Value | $331,336 |
Housing Distribution
Address Breakdown
Residential
26
Single Family
26
Multi-Family
0
Businesses
31
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Listed by: David L. Horpedahl • N M RE Project/Berkshire Hatha
Mls Name: SFARMLS
Mls ID: #202232919