798 Calle RomeroEspanolaNM87532
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
Investment property for sale in Espanola at 798 Calle Romero, Espanola, NM, 87532 with 5% annual appreciation on a $360,000 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,762/mo payment preserves $227/mo for cash returns. Annual cash flow comes to $2,724/yr on $119,340 deployed, and return on cash invested reaches 22.19% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 7.8%. Five-year ROI measures 114.65% and total cumulative return in cash totals $136,821.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87532, Espanola, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,733 (100%) |
| Owner Occupied HU | 5,775 (66.1%) |
| Renter Occupied HU | 2,181 (25.0%) |
| Vacant Housing Units | 777 ( 8.9%) |
| Median Home Value | $277,277 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
4,070
Single Family
3,956
Multi-Family
114
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Racquel Gurule • Keller Williams Realty
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202503512
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.