900 Charles Dr NERio RanchoNM87144








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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 Rio Rancho at 900 Charles Dr NE, Rio Rancho, NM, 87144 at $235,000 posts ROI 26.1% with $402/mo cash flow from $1,781/mo rent. Total monthly income equals $1,781/mo, and annual cash flow records $4,822/yr on $77,903 to close. Return on cash invested measures 26.1% and rental yield reads 9.09% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 135.62% and total cumulative return in cash totals $105,652.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,781/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Olin J Ellsworth • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1087837








