7 Chula RdTijerasNM87059
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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 Tijeras at 7 Chula Rd, Tijeras, NM, 87059 offers $2,034/mo rent that, after a $1,463/mo payment, leaves $279/mo cash flow. Total monthly income is $2,034/mo, and annual cash flow is $3,354/yr on $99,119 cash. Return on cash invested measures 23.29% in year one, and rental yield stands at 8.16% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 120.58% and total cumulative return in cash reaches $119,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87059, Tijeras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,506 (100%) |
| Owner Occupied HU | 3,672 (81.5%) |
| Renter Occupied HU | 305 ( 6.8%) |
| Vacant Housing Units | 529 (11.7%) |
| Median Home Value | $402,850 |
| Average Home Value | $448,027 |
Housing Distribution
Address Breakdown
Residential
3,634
Single Family
3,634
Multi-Family
0
Businesses
225
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Listed by: Meghan Boyd Tate • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1093498