88 Tejano Canyon RdSandia ParkNM87047
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 Sandia Park at 88 Tejano Canyon Rd, Sandia Park, NM, 87047 offers a 7.78% rental yield on a $250,000 purchase with $1,621/mo rent. Total monthly income registers $1,621/mo, and a $1,224/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,839/yr on $82,875 to close, and return on cash invested stands at 22.13% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 114.36% and total cumulative return in cash at $94,774. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,621/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87047, Sandia Park, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,690 (100%) |
| Owner Occupied HU | 2,208 (82.1%) |
| Renter Occupied HU | 193 ( 7.2%) |
| Vacant Housing Units | 289 (10.7%) |
| Median Home Value | $460,325 |
| Average Home Value | $531,024 |
Housing Distribution
Address Breakdown
Residential
2,285
Single Family
2,285
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth A. McGuire • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1085727