681 General Goodwin RdCerrillosNM87010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cerrillos at 681 General Goodwin Rd, Cerrillos, NM, 87010 listed at $1,300,000 pairs $1,800/mo rent with a $6,363/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 3.76% in year one, and rental yield registers 1.66% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 15.71% and total cumulative return in cash totals $66,183. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
140 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87010, Cerrillos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 809 (100%) |
| Owner Occupied HU | 526 (65.0%) |
| Renter Occupied HU | 154 (19.0%) |
| Vacant Housing Units | 129 (15.9%) |
| Median Home Value | $477,193 |
| Average Home Value | $552,776 |
Housing Distribution
Address Breakdown
Residential
334
Single Family
334
Multi-Family
0
Businesses
66
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Listed by: Cynthia C. Sheff • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202502281
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.