492 Frost RdSandia ParkNM87047
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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 Sandia Park at 492 Frost Rd, Sandia Park, NM, 87047 priced at $364,000 converts $3,324/mo rent into $1,187/mo cash flow after a $1,782/mo obligation. Total monthly income equals $3,324/mo, and annual cash flow totals $14,245/yr on $120,666 invested. Return on cash invested prints 31.71% in year one, and rental yield reads 10.96% against a $364,000 entry. Equity gained on principal adds $2,349/yr, while 5% annual appreciation compiles into $100,566 by year five. Five-year ROI reaches 165.75% and total cumulative return in cash sums $200,009. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,324/mo property income covering a $1,782/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87047, Sandia Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,690 (100%) |
| Owner Occupied HU | 2,208 (82.1%) |
| Renter Occupied HU | 193 ( 7.2%) |
| Vacant Housing Units | 289 (10.7%) |
| Median Home Value | $460,325 |
| Average Home Value | $531,024 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
87
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Listed by: Melissa Jo Moya • Weichert, Realtors Image
Mls Name: SWMLS
Mls ID: #1090355