600 State Road 76ChimayoNM87522
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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 Chimayo at 600 State Road 76, Chimayo, NM, 87522 generates $1,944/mo in rent and, after a $1,322/mo payment, leaves $359/mo in cash flow. Total monthly income is $1,944/mo, and annual cash flow is $4,305/yr on $89,505 invested. Return on cash invested sits at 24.72% in year one, and rental yield is 8.64% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 128.21% and total cumulative return in cash sums $114,757. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87522, Chimayo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,444 (75.7%) |
| Renter Occupied HU | 236 (12.4%) |
| Vacant Housing Units | 228 (11.9%) |
| Median Home Value | $262,698 |
| Average Home Value | $284,060 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
35
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Listed by: N/A • N/A
Mls Name: Xome
Mls ID: #0