820 Mount Taylor AveGrantsNM87020
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 Grants at 820 Mount Taylor Ave, Grants, NM, 87020 earns $822/mo cash flow from $2,641/mo rent with a $1,517/mo payment. Total monthly income totals $2,641/mo, and annual cash flow totals $9,861/yr on $102,765 capital. ROI tracks 29.5% on current figures, and rental yield reads 10.22% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 153.88% and total cumulative return in cash sums $158,131. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,641/mo property income instead of your personal income.
Single Family
Built in 1986
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87020, Grants, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,822 (100%) |
| Owner Occupied HU | 3,469 (59.6%) |
| Renter Occupied HU | 1,457 (25.0%) |
| Vacant Housing Units | 896 (15.4%) |
| Median Home Value | $155,856 |
| Average Home Value | $195,601 |
Housing Distribution
Address Breakdown
Residential
3,697
Single Family
3,474
Multi-Family
223
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alene E Eichorn-Joyner • Re/Max Alliance, REALTORS
Mls Name: SWMLS
Mls ID: #1071153