47 E Ridge RdEdgewoodNM87015
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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
Investment property for sale in Edgewood at 47 E Ridge Rd, Edgewood, NM, 87015 with 5% annual appreciation on a $918,100 basis while $3,748/mo rent supports operations. 54% in year one. Equity gained on principal adds $5,924/yr, and five-year appreciation sums $253,654 alongside rental yield of 4.9%. Five-year ROI measures 68.23% and total cumulative return in cash totals $206,082. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,748/mo property income versus a $4,494/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
14.70 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
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Listed by: N/A • N/A
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