6404 Vooscane AveCochiti LakeNM87083
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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 Cochiti Lake at 6404 Vooscane Ave, Cochiti Lake, NM, 87083 listed at $278,000 pairs $0/mo rent with a $1,361/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.34% in year one, and rental yield registers 0% at a $278,000 basis. Equity gained on principal adds $1,794/yr, and annual property appreciation at 5% supports $76,806 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87083, Cochiti Lake, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 270 (100%) |
| Owner Occupied HU | 201 (74.4%) |
| Renter Occupied HU | 29 (10.7%) |
| Vacant Housing Units | 40 (14.8%) |
| Median Home Value | $287,069 |
| Average Home Value | $312,326 |
Housing Distribution
Address Breakdown
Residential
259
Single Family
3
Multi-Family
256
Businesses
7
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No similar rental properties found nearby.
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Listed by: Jeff Assad • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202600019