85 EdelweissTijerasNM87059
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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 Tijeras at 85 Edelweiss, Tijeras, NM, 87059 uses $122,987 cash to close to unlock $9,771/yr annual cash flow and $814/mo monthly cash flow. Total monthly income runs $2,992/mo, and a $1,816/mo payment keeps the spread at $814/mo. Purchase price stands at $371,000, and rental yield measures 9.68% with $2,992/mo rent. Return on cash invested shows 27.85% in year one, and 5% annual appreciation builds toward $102,500 over five years. Five-year ROI reaches 145.05% and total cumulative return in cash records $178,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,992/mo property income covering a $1,816/mo payment rather than investor’s personal income.
Single Family
Built in 1989
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87059, Tijeras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,506 (100%) |
| Owner Occupied HU | 3,672 (81.5%) |
| Renter Occupied HU | 305 ( 6.8%) |
| Vacant Housing Units | 529 (11.7%) |
| Median Home Value | $402,850 |
| Average Home Value | $448,027 |
Housing Distribution
Address Breakdown
Residential
3,634
Single Family
3,634
Multi-Family
0
Businesses
225
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Listed by: Devon L. Amos • Simply Real Estate
Mls Name: SWMLS
Mls ID: #1092834