Joel RdRanchos De TaosNM87557
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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 Ranchos De Taos at Joel Rd, Ranchos De Taos, NM, 87557 listed at $289,000 pairs $2,653/mo rent with a $1,415/mo payment to leave $956/mo cash flow. Total monthly income runs $2,653/mo, and annual cash flow reaches $11,475/yr on $95,804 cash to close. Return on cash invested measures 31.89% in year one, and rental yield registers 11.02% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 166.68% and total cumulative return in cash totals $159,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,653/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
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Nearby investment properties with comparable prices
Listed by: Rudy Abeyta • Abeyta Realty
Mls Name: Enchanted Circle
Mls ID: #114401