78 James StBelenNM87002
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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 Belen at 78 James St, Belen, NM, 87002 generates $1,281/mo in rent and, after a $812/mo payment, leaves $307/mo in cash flow. Total monthly income is $1,281/mo, and annual cash flow is $3,686/yr on $55,029 invested. Return on cash invested sits at 26.61% in year one, and rental yield is 9.26% on a $166,000 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 138.41% and total cumulative return in cash sums $76,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,281/mo property income rather than buyer’s personal income.
Manufactured
Built in 1980
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87002, Belen, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,289 (100%) |
| Owner Occupied HU | 6,502 (70.0%) |
| Renter Occupied HU | 1,915 (20.6%) |
| Vacant Housing Units | 872 ( 9.4%) |
| Median Home Value | $214,461 |
| Average Home Value | $234,200 |
Housing Distribution
Address Breakdown
Residential
8,366
Single Family
8,250
Multi-Family
116
Businesses
579
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Listed by: Jose Vazquez • Vazquez Inmobiliaria LLC
Mls Name: SWMLS
Mls ID: #1086617