924 Perry Meadows Dr NE, Rio Rancho, NM, 87144 | $248/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rio Rancho at 924 Perry Meadows Dr NE, Rio Rancho, NM, 87144 generates $1,774/mo in rent and, after a $1,273/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,774/mo, and annual cash flow is $2,970/yr on $86,190 invested. Return on cash invested sits at 23.35% in year one, and rental yield is 8.19% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash sums $104,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,774/mo property income rather than buyer’s personal income.

Single Family

Built in 1998

5,662 sqft lot

$N/A/sqft

No HOA