421 Northern Blvd NERio RanchoNM87124
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 421 Northern Blvd NE, Rio Rancho, NM, 87124 at $396,905 posts ROI 33.41% with $1,480/mo cash flow from $3,810/mo rent. Total monthly income equals $3,810/mo, and annual cash flow records $17,760/yr on $131,574 to close. Return on cash invested measures 33.41% and rental yield reads 11.52% at the current $396,905. Equity gained on principal adds $2,561/yr, and 5% annual appreciation supports $109,658 by year five. Five-year ROI prints 174.83% and total cumulative return in cash totals $230,032.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,810/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87124, Rio Rancho, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,192 (100%) |
| Owner Occupied HU | 18,505 (76.5%) |
| Renter Occupied HU | 4,704 (19.4%) |
| Vacant Housing Units | 983 ( 4.1%) |
| Median Home Value | $324,394 |
| Average Home Value | $348,805 |
Housing Distribution
Address Breakdown
Residential
23,503
Single Family
21,690
Multi-Family
1,813
Businesses
1,117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Leigh Earnest • Q Realty
Mls Name: SWMLS
Mls ID: #1083920