7 Shasta Ct, Cedar Crest, NM, 87008 | $1,070/mo Cash Flow

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cedar Crest at 7 Shasta Ct, Cedar Crest, NM, 87008 offers $3,418/mo rent that, after a $1,958/mo payment, leaves $1,070/mo cash flow. Total monthly income is $3,418/mo, and annual cash flow is $12,840/yr on $132,600 cash. Return on cash invested measures 29.59% in year one, and rental yield stands at 10.25% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 154.34% and total cumulative return in cash reaches $204,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,418/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

1.52 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 87008, Cedar Crest, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,123 (100%)
Owner Occupied HU	923 (82.2%)
Renter Occupied HU	89 ( 7.9%)
Vacant Housing Units	111 ( 9.9%)
Median Home Value	$397,352
Average Home Value	$448,594