507 12th Ave NWRio RanchoNM87144
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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
Investment property for sale in Rio Rancho at 507 12th Ave NW, Rio Rancho, NM, 87144 offers a 0% rental yield on a $222,000 purchase with $0/mo rent. 34% in year one. Equity gained on principal adds $1,433/yr while 5% annual appreciation supports $61,335 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Jo Cook • RE/MAX SELECT
Mls Name: SWMLS
Mls Provider:
Mls ID: #1086516
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.