7 Old HospitalCerrillosNM87010
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 7 Old Hospital, Cerrillos, NM, 87010 earns $1,019/mo cash flow from $2,821/mo rent with a $1,503/mo payment. Total monthly income totals $2,821/mo, and annual cash flow totals $12,224/yr on $101,771 capital. ROI tracks 31.92% on current figures, and rental yield reads 11.03% at a $307,000 purchase. Equity gained on principal adds $1,981/yr, and 5% annual appreciation supports $84,818 over five years. Five-year ROI reaches 166.85% and total cumulative return in cash sums $169,802. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,821/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A