45 Brayden CtEdgewoodNM87015
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.25% yield at 45 Brayden Ct, Edgewood, NM, 87015 in Edgewood is solid, but the $2,630/mo payment compresses net cash flow to $99/mo at $584,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $161,597 by year five, and $5,387/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.34) without U.S. income documentation. Total projected return: $227,358.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 3.8% |
| Monthly Cash Flow | $99 | $1,250 |
City averages based on Edgewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,532 |
| Total Monthly Debt Service | $3,200 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2017
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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
Single Family
Built in 2017
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Caroline Herring • Weichert, Realtors Image
Mls Name: SWMLS
Mls Provider:
Mls ID: #1086641
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.