70 Easy StTijerasNM87059
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
Rental property for sale in Tijeras at 70 Easy St, Tijeras, NM, 87059 offers $2,046/mo rent that, after a $1,297/mo payment, leaves $491/mo cash flow. Total monthly income is $2,046/mo, and annual cash flow is $5,889/yr on $87,814 cash. Return on cash invested measures 26.61% in year one, and rental yield stands at 9.27% at a $264,900 entry. Equity gained on principal adds $1,709/yr while 5% annual appreciation compounds into $73,187 by year five. Five-year ROI records 138.4% and total cumulative return in cash reaches $121,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,046/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.05 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew A Darrall • Thrive Real Estate
Mls Name: SWMLS
Mls ID: #1087809