42 Road 3522Flora VistaNM87415
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 Flora Vista at 42 Road 3522, Flora Vista, NM, 87415 generates $1,645/mo in rent and, after a $1,219/mo payment, leaves $183/mo in cash flow. Total monthly income is $1,645/mo, and annual cash flow is $2,199/yr on $82,544 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 7.93% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 116.76% and total cumulative return in cash sums $96,380. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87415, Flora Vista, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 534 (65.7%) |
| Renter Occupied HU | 120 (14.8%) |
| Vacant Housing Units | 159 (19.6%) |
| Median Home Value | $240,278 |
| Average Home Value | $284,635 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
472
Multi-Family
0
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Monica R Hampton • Real Estate PROS
Mls Name: SJCMLS
Mls ID: #25-1205