514 Roman DrEspanolaNM87532
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 Espanola at 514 Roman Dr, Espanola, NM, 87532 at $233,000 posts ROI 22.92% with $194/mo cash flow from $1,561/mo rent. Total monthly income equals $1,561/mo, and annual cash flow records $2,326/yr on $77,240 to close. Return on cash invested measures 22.92% and rental yield reads 8.04% at the current $233,000. Equity gained on principal adds $1,504/yr, and 5% annual appreciation supports $64,374 by year five. Five-year ROI prints 118.57% and total cumulative return in cash totals $91,585.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,561/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
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Listed by: Peggy Fino • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202600238