806 Purple AsterBernalilloNM87004
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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 Bernalillo at 806 Purple Aster, Bernalillo, NM, 87004 offers a 7.67% rental yield on a $435,000 purchase with $2,779/mo rent. Total monthly income registers $2,779/mo, and a $2,129/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,710/yr on $144,203 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 112.49% and total cumulative return in cash at $162,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,779/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87004, Bernalillo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,905 (100%) |
| Owner Occupied HU | 3,638 (74.2%) |
| Renter Occupied HU | 916 (18.7%) |
| Vacant Housing Units | 351 ( 7.2%) |
| Median Home Value | $346,070 |
| Average Home Value | $345,258 |
Housing Distribution
Address Breakdown
Residential
3,902
Single Family
3,866
Multi-Family
36
Businesses
383
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Listed by: Geraldine K Gonzales • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1093231