47A Poleo RdCostillaNM87524
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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 Costilla at 47A Poleo Rd, Costilla, NM, 87524 offers $0/mo rent that, after a $1,909/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.34% in year one, and rental yield stands at 0% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87524, Costilla, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 182 (100%) |
| Owner Occupied HU | 125 (68.7%) |
| Renter Occupied HU | 15 ( 8.2%) |
| Vacant Housing Units | 42 (23.1%) |
| Median Home Value | $318,750 |
| Average Home Value | $396,500 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Debbie Friday Jagers • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #113795