81 Berrenda RdHillsboroNM88042
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
Rental property for sale in Hillsboro at 81 Berrenda Rd, Hillsboro, NM, 88042 offers $1,679/mo rent that, after a $489/mo payment, leaves $1,093/mo cash flow. Total monthly income is $1,679/mo, and annual cash flow is $13,110/yr on $33,150 cash. Return on cash invested measures 59.46% in year one, and rental yield stands at 20.15% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 314.62% and total cumulative return in cash reaches $104,296. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,679/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
50.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88042, Hillsboro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 159 (50.5%) |
| Renter Occupied HU | 33 (10.5%) |
| Vacant Housing Units | 123 (39.0%) |
| Median Home Value | $234,434 |
| Average Home Value | $279,340 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
19
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Listed by: Crystal McCaslin • BHGRE Steinborn & Associates
Mls Name: SNMMLS
Mls ID: #2402296
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.