87 Elite DrTijerasNM87059
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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 87 Elite Dr, Tijeras, NM, 87059 with 5% annual appreciation on a $709,000 basis while $4,877/mo rent supports operations. Total monthly income totals $4,877/mo and a $3,470/mo payment preserves $716/mo for cash returns. Annual cash flow comes to $8,589/yr on $233,261 deployed, and return on cash invested reaches 23.74% in year one. Equity gained on principal adds $4,575/yr, and five-year appreciation sums $195,884 alongside rental yield of 8.25%. Five-year ROI measures 122.94% and total cumulative return in cash totals $286,761.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,877/mo property income versus a $3,470/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
3.20 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: Scott Dean • RE/MAX SELECT
Mls Name: SWMLS
Mls ID: #1088538