76 Canoncito RdCedar CrestNM87008








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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
Investment property for sale in Cedar Crest at 76 Canoncito Rd, Cedar Crest, NM, 87008 earns $1,263/mo cash flow from $3,840/mo rent with a $2,149/mo payment. Total monthly income totals $3,840/mo, and annual cash flow totals $15,156/yr on $145,529 capital. ROI tracks 30.32% on current figures, and rental yield reads 10.5% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 158.25% and total cumulative return in cash sums $230,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 1991
2 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 |
Housing Distribution
Address Breakdown
Residential
874
Single Family
874
Multi-Family
0
Businesses
158
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Nearby investment properties with comparable prices



Listed by: Jodi Lynn Overson • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1097238








