831 Country Club Dr SE APT 2FRio 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 831 Country Club Dr SE APT 2F, Rio Rancho, NM, 87124 listed at $187,050 pairs $1,764/mo rent with a $916/mo payment to leave $666/mo cash flow. Total monthly income runs $1,764/mo, and annual cash flow reaches $7,987/yr on $62,007 cash to close. Return on cash invested measures 32.79% in year one, and rental yield registers 11.32% at a $187,050 basis. Equity gained on principal adds $1,207/yr, and annual property appreciation at 5% supports $51,678 by year five. Five-year ROI tracks 171.54% and total cumulative return in cash totals $106,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,764/mo property income relative to a $916/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
No 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 ID: #1087879