716 Desert Marigold CtBernalilloNM87004
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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 Bernalillo at 716 Desert Marigold Ct, Bernalillo, NM, 87004 offers $2,267/mo rent that, after a $2,031/mo payment. Total monthly income is $2,267/mo. Return on cash invested measures 18.44% in year one, and rental yield stands at 6.56% at a $414,900 entry. Equity gained on principal adds $2,677/yr while 5% annual appreciation compounds into $114,629 by year five. Five-year ROI records 94.53% and total cumulative return in cash reaches $130,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,267/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87004, Bernalillo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,905 (100%) |
| Owner Occupied HU | 3,638 (74.2%) |
| Renter Occupied HU | 916 (18.7%) |
| Vacant Housing Units | 351 ( 7.2%) |
| Median Home Value | $346,070 |
| Average Home Value | $345,258 |
Housing Distribution
Address Breakdown
Residential
3,902
Single Family
3,866
Multi-Family
36
Businesses
383
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Listed by: John Castillo • Southwest Elite Real Estate
Mls Name: SWMLS
Mls ID: #1088964