6488 Tahawash StCochiti 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
Rental property for sale in Cochiti Lake at 6488 Tahawash St, Cochiti Lake, NM, 87083 priced at $220,000 converts $1,776/mo rent into $485/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,776/mo, and annual cash flow totals $5,814/yr on $72,930 invested. Return on cash invested prints 27.88% in year one, and rental yield reads 9.69% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 145.19% and total cumulative return in cash sums $105,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,776/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Townhouse
Built in 1976
2,178 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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Listed by: Carol Crawford • Re/Max Alliance, REALTORS
Mls Name: SWMLS
Mls ID: #1080670