6 Spider Rock RdPlacitasNM87043
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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 Placitas at 6 Spider Rock Rd, Placitas, NM, 87043 with 5% annual appreciation on a $798,000 basis while $4,504/mo rent supports operations. 24% in year one. Equity gained on principal adds $5,149/yr, and five-year appreciation sums $220,473 alongside rental yield of 6.77%. Five-year ROI measures 98.78% and total cumulative return in cash totals $259,336. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,504/mo property income versus a $3,906/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Listed by: Mark J Puckett • Platinum Properties & Invst.
Mls Name: SWMLS
Mls ID: #1093368