6215 Bryce Canyon Ln NERio RanchoNM87144
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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 Rio Rancho at 6215 Bryce Canyon Ln NE, Rio Rancho, NM, 87144 offers $3,137/mo rent that, after a $2,251/mo payment, leaves $86/mo cash flow. Total monthly income is $3,137/mo, and annual cash flow is $1,036/yr on $152,457 cash. Return on cash invested measures 20.59% in year one, and rental yield stands at 8.19% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 107.08% and total cumulative return in cash reaches $163,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,137/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
7,405 sqft lot
$N/A/sqft
$175 monthly HOA
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Listed by: K2 Omni Group • EXP Realty, LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1088920
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.