6021 Del Carmen Dr NERio RanchoNM87144
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6021 Del Carmen Dr NE, Rio Rancho, NM, 87144 in Rio Rancho. Rental yield 5.87%. At $780,000 with 5.87% gross yield, current distributions are modest, but the 5% appreciation rate projects $215,500 in new equity by year five, complemented by $7,184/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.14) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $242,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(1,018) | $320 |
City averages based on Rio Rancho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,006 |
| Total Monthly Debt Service | $4,520 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
0.75 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2002
0.75 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan C Blackwell • Welcome Home Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082366
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.