513 Bloomfield Meadows Dr NE,Rio Rancho,NM,87144

Investment Highlights

Rental property for sale in Rio Rancho at 513 Bloomfield Meadows Dr NE, Rio Rancho, NM, 87144 offers $2,419/mo rent that, after a $1,380/mo payment, leaves $764/mo cash flow. Total monthly income is $2,419/mo, and annual cash flow is $9,169/yr on $93,480 cash. Return on cash invested measures 29.72% in year one, and rental yield stands at 10.29% at a $281,990 entry. Equity gained on principal adds $1,820/yr while 5% annual appreciation compounds into $77,909 by year five. Five-year ROI records 155.07% and total cumulative return in cash reaches $144,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,419/mo property income versus a $1,380/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.