8 Palomar RdTijerasNM87059
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Tijeras at 8 Palomar Rd, Tijeras, NM, 87059 priced at $648,000 pairs $0/mo rent with after a $3,172/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.35% in year one, and rental yield stands at 0% on a $648,000 basis. Equity gained on principal adds $4,181/yr, and 5% annual appreciation accumulates to $179,030 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $3,172/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87059, Tijeras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,506 (100%) |
| Owner Occupied HU | 3,672 (81.5%) |
| Renter Occupied HU | 305 ( 6.8%) |
| Vacant Housing Units | 529 (11.7%) |
| Median Home Value | $402,850 |
| Average Home Value | $448,027 |
Housing Distribution
Address Breakdown
Residential
3,634
Single Family
3,634
Multi-Family
0
Businesses
225
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dean DeBlassie • Realty One Group Concierge
Mls Name: SWMLS
Mls ID: #1092123