4B Lois CtEdgewoodNM87015
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
Investment Highlights
Investment property for sale in Edgewood at 4B Lois Ct, Edgewood, NM, 87015 listed at $180,000 pairs $1,386/mo rent with a $881/mo payment to leave $330/mo cash flow. Total monthly income runs $1,386/mo, and annual cash flow reaches $3,954/yr on $59,670 cash to close. Return on cash invested measures 26.54% in year one, and rental yield registers 9.24% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 138.01% and total cumulative return in cash totals $82,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,386/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1997
1 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: Jesse W Vallez • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1095676