6829 Cleary Loop NERio RanchoNM87144
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 6829 Cleary Loop NE, Rio Rancho, NM, 87144 in Rio Rancho: $2,549/mo in rent, $260/mo in net income, 7.84% gross yield, 1.45 DSCR, all at $389,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $107,747 in appreciation and $3,592/yr in principal paydown projects total cumulative return of $164,051.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $260 | $320 |
City averages based on Rio Rancho market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,549 |
| Total Monthly Debt Service | $2,134 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Leigh Earnest • Q Realty
Mls Name: SWMLS
Mls ID: #1091493