631 Western Hills Dr SERio RanchoNM87124
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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 631 Western Hills Dr SE, Rio Rancho, NM, 87124 with 5% annual appreciation on a $227,500 basis while $2,521/mo rent supports operations. Total monthly income totals $2,521/mo and a $1,114/mo payment preserves $1,186/mo for cash returns. Annual cash flow comes to $14,234/yr on $75,416 deployed, and return on cash invested reaches 38.78% in year one. Equity gained on principal adds $1,468/yr, and five-year appreciation sums $62,854 alongside rental yield of 13.3%. Five-year ROI measures 203.69% and total cumulative return in cash totals $153,614.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,521/mo property income versus a $1,114/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87124, Rio Rancho, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,192 (100%) |
| Owner Occupied HU | 18,505 (76.5%) |
| Renter Occupied HU | 4,704 (19.4%) |
| Vacant Housing Units | 983 ( 4.1%) |
| Median Home Value | $324,394 |
| Average Home Value | $348,805 |
Housing Distribution
Address Breakdown
Residential
23,503
Single Family
21,690
Multi-Family
1,813
Businesses
1,117
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Listed by: Maricela Santos • Berkshire Hathaway Home Svc NM
Mls Name: SWMLS
Mls ID: #1095884