6242 Roadrunner Loop NERio RanchoNM87144
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 6242 Roadrunner Loop NE, Rio Rancho, NM, 87144 in Rio Rancho is straightforward: $319,000 in, $2,260/mo in rent, $387/mo out after debt service. The 8.5% gross yield and 1.58 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $88,134 by year five. With $2,938/yr in principal equity, the total cumulative return is projected at $145,479.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $387 | $320 |
City averages based on Rio Rancho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,260 |
| Total Monthly Debt Service | $1,745 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1988
0.31 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 1988
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leticia Veloz • WISE Real Estate Group, LLC
Mls Name: SWMLS
Mls Provider:
Mls ID: #1083919
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.