52 Forest Dr ERociadaNM87742
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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
Rental property for sale in Rociada at 52 Forest Dr E, Rociada, NM, 87742 offers $0/mo rent that, after a $1,370/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.34% in year one, and rental yield stands at 0% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87742, Rociada, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 169 (40.9%) |
| Renter Occupied HU | 18 ( 4.4%) |
| Vacant Housing Units | 226 (54.7%) |
| Median Home Value | $295,000 |
| Average Home Value | $314,068 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: Joann Olafson • Olafson Agency
Mls Name: New Mexico MLS
Mls ID: #20255256