6524 Barranca DrCochiti 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 6524 Barranca Dr, Cochiti Lake, NM, 87083 listed at $291,500 pairs $2,400/mo rent with a $1,427/mo payment to leave $689/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $8,265/yr on $96,632 cash to close. Return on cash invested measures 28.46% in year one, and rental yield registers 9.88% at a $291,500 basis. Equity gained on principal adds $1,881/yr, and annual property appreciation at 5% supports $80,536 by year five. Five-year ROI tracks 148.29% and total cumulative return in cash totals $143,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,427/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
6,316 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: N/A • N/A
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