6520 Hoochaneetsa BlvdCochiti 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 6520 Hoochaneetsa Blvd, Cochiti Lake, NM, 87083 uses $75,914 cash to close to unlock $9,573/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $2,142/mo, and a $1,121/mo payment keeps the spread at $798/mo. Purchase price stands at $229,000, and rental yield measures 11.22% with $2,142/mo rent. Return on cash invested shows 32.52% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 170.06% and total cumulative return in cash records $129,101. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,142/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1974
6,098 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: #1075541