488 Cimarron Meadows Ct NE, Rio Rancho, NM, 87144 | $387/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rio Rancho at 488 Cimarron Meadows Ct NE, Rio Rancho, NM, 87144 offers a 8.92% rental yield on a $248,000 purchase with $1,843/mo rent. Total monthly income registers $1,843/mo, and a $1,214/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,646/yr on $82,212 to close, and return on cash invested stands at 25.56% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 132.78% and total cumulative return in cash at $109,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,843/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

6,098 sqft lot

$N/A/sqft

No HOA