500 Western Dr, Rio Communities, NM, 87002 | $509/mo Cash Flow

For Sale

Listed for sale 6 days ago

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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

Rental property for sale in Rio Communities at 500 Western Dr, Rio Communities, NM, 87002 priced at $215,000 pairs $1,771/mo rent with $509/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,771/mo, and annual cash flow comes to $6,113/yr on $71,273 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 9.88% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 148.45% and total cumulative return in cash reaches $105,805. For financing, Ziffy Mortgage’s DSCR program evaluates $1,771/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1973

1,306 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 87002, Belen, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,289 (100%)
Owner Occupied HU	6,502 (70.0%)
Renter Occupied HU	1,915 (20.6%)
Vacant Housing Units	872 ( 9.4%)
Median Home Value	$214,461
Average Home Value	$234,200