624 Santo DomingoBernalilloNM87004
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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
Investment property for sale in Bernalillo at 624 Santo Domingo, Bernalillo, NM, 87004 with 5% annual appreciation on a $220,000 basis while $1,942/mo rent supports operations. Total monthly income totals $1,942/mo and a $1,077/mo payment preserves $651/mo for cash returns. Annual cash flow comes to $7,806/yr on $72,930 deployed, and return on cash invested reaches 30.61% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 10.59%. Five-year ROI measures 159.83% and total cumulative return in cash totals $116,567.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,942/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87004, Bernalillo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,905 (100%) |
| Owner Occupied HU | 3,638 (74.2%) |
| Renter Occupied HU | 916 (18.7%) |
| Vacant Housing Units | 351 ( 7.2%) |
| Median Home Value | $346,070 |
| Average Home Value | $345,258 |
Housing Distribution
Address Breakdown
Residential
3,902
Single Family
3,866
Multi-Family
36
Businesses
383
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Listed by: Laurie A Griffo • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1091625