84 Camino RedondoPlacitasNM87043
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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 Placitas at 84 Camino Redondo, Placitas, NM, 87043 earns from $2,640/mo rent with a $5,262/mo payment. Total monthly income totals $2,640/mo. ROI tracks 7.73% on current figures, and rental yield reads 2.95% at a $1,075,000 purchase. Equity gained on principal adds $6,937/yr, and 5% annual appreciation supports $297,003 over five years. Five-year ROI reaches 36.97% and total cumulative return in cash sums $128,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Listed by: Sara Nicole Pitts • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084612
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.