Coco II Plan, Scottish Isle,Rio Rancho,NM,87144

Investment Highlights

Investment property for sale in Rio Rancho at Coco II Plan, Scottish Isle, Rio Rancho, NM, 87144 at $509,990 posts ROI 24.69% with $647/mo cash flow from $3,640/mo rent. Total monthly income equals $3,640/mo, and annual cash flow records $7,761/yr on $167,787 to close. Return on cash invested measures 24.69% and rental yield reads 8.56% at the current $509,990. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,901 by year five. Five-year ROI prints 128% and total cumulative return in cash totals $214,764.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).