811 County Rd E #8RinconNM87940
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
Investment property for sale in Rincon at 811 County Rd E #8, Rincon, NM, 87940 at $275,000 posts ROI 24.63% with $359/mo cash flow from $1,973/mo rent. Total monthly income equals $1,973/mo, and annual cash flow records $4,307/yr on $91,163 to close. Return on cash invested measures 24.63% and rental yield reads 8.61% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 127.76% and total cumulative return in cash totals $116,471.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,973/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87940, Rincon, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 141 (100%) |
| Owner Occupied HU | 106 (75.2%) |
| Renter Occupied HU | 20 (14.2%) |
| Vacant Housing Units | 15 (10.6%) |
| Median Home Value | $137,500 |
| Average Home Value | $286,415 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: Keith Brownfield • BHGRE Steinborn & Associates
Mls Name: SNMMLS
Mls ID: #2400401