809 Country Club Dr SE APT 1BRio RanchoNM87124
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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 Rio Rancho at 809 Country Club Dr SE APT 1B, Rio Rancho, NM, 87124 offers a 9.48% rental yield on a $188,000 purchase with $1,485/mo rent. Total monthly income registers $1,485/mo, and a $920/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,180/yr on $62,322 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 122.59% and total cumulative return in cash at $76,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,485/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87124, Rio Rancho, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,192 (100%) |
| Owner Occupied HU | 18,505 (76.5%) |
| Renter Occupied HU | 4,704 (19.4%) |
| Vacant Housing Units | 983 ( 4.1%) |
| Median Home Value | $324,394 |
| Average Home Value | $348,805 |
Housing Distribution
Address Breakdown
Residential
23,503
Single Family
21,690
Multi-Family
1,813
Businesses
1,117
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Listed by: Ruby M Caputo • Ruby's Realty Inc.
Mls Name: SWMLS
Mls Provider:
Mls ID: #1079281
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.