8 Capital RdEdgewoodNM87015
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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 Edgewood at 8 Capital Rd, Edgewood, NM, 87015 at $289,900 posts ROI 22.91% with $240/mo cash flow from $1,942/mo rent. Total monthly income equals $1,942/mo, and annual cash flow records $2,884/yr on $96,102 to close. Return on cash invested measures 22.91% and rental yield reads 8.04% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 118.53% and total cumulative return in cash totals $113,913.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,942/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2010
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Listed by: Jonathan M Ortiz • Southwest Elite Real Estate
Mls Name: SWMLS
Mls ID: #1094094