608 Willowbrook LnBelenNM87002
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
Investment property for sale in Belen at 608 Willowbrook Ln, Belen, NM, 87002 at $349,000 posts ROI 23.42% with $339/mo cash flow from $2,387/mo rent. Total monthly income equals $2,387/mo, and annual cash flow records $4,065/yr on $115,694 to close. Return on cash invested measures 23.42% and rental yield reads 8.21% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 121.27% and total cumulative return in cash totals $140,304.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,387/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Jessica C Rasband • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1095592