6242 Roadrunner Loop 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
Investment property for sale in Rio Rancho at 6242 Roadrunner Loop NE, Rio Rancho, NM, 87144 uses $105,749 cash to close to unlock $4,656/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $2,260/mo, and a $1,561/mo payment keeps the spread at $388/mo. Purchase price stands at $319,000, and rental yield measures 8.5% with $2,260/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 126.02% and total cumulative return in cash records $133,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,260/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
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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.