704 Santa Fe Meadows Dr NE, Rio Rancho, NM, 87144 | $765/mo Cash Flow

For Sale

Ziffy Mortgage

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 Rio Rancho at 704 Santa Fe Meadows Dr NE, Rio Rancho, NM, 87144 generates $1,933/mo in rent and, after a $974/mo payment, leaves $765/mo in cash flow. Total monthly income is $1,933/mo, and annual cash flow is $9,180/yr on $65,969 invested. Return on cash invested sits at 33.82% in year one, and rental yield is 11.66% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 177.04% and total cumulative return in cash sums $116,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

5,662 sqft lot

$N/A/sqft

No HOA