60 Santistevan RdEl PradoNM87529
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
Rental property for sale in El Prado at 60 Santistevan Rd, El Prado, NM, 87529 priced at $314,000 pairs $3,022/mo rent with $1,179/mo cash flow after a $1,537/mo payment. Total monthly income equals $3,022/mo, and annual cash flow comes to $14,146/yr on $104,091 invested. Return on cash invested is 33.5% in year one, and rental yield stands at 11.55% on a $314,000 basis. Equity gained on principal adds $2,026/yr, and 5% annual appreciation accumulates to $86,752 by year five. Five-year ROI measures 175.3% and total cumulative return in cash reaches $182,475. For financing, Ziffy Mortgage’s DSCR program evaluates $3,022/mo property income against a $1,537/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87529, El Prado, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,722 (100%) |
| Owner Occupied HU | 2,251 (60.5%) |
| Renter Occupied HU | 726 (19.5%) |
| Vacant Housing Units | 745 (20.0%) |
| Median Home Value | $530,373 |
| Average Home Value | $557,665 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
683
Multi-Family
2
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Page Sullivan Real Estate Group • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #114263