LOT L14 Sandia Canyon RdArroyo HondoNM87513
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find LOT L14 Sandia Canyon Rd, Arroyo Hondo, NM, 87513 in Arroyo Hondo hard to pass up. The 14.79% gross yield on a $165,000 purchase results in $2,034/mo in rent and $1,066/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.74). Annual cash flow of $12,786, five-year appreciation of $45,586, and $1,520/yr in equity build-up combine for a projected total cumulative return of $130,946.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 6.2% |
| Monthly Cash Flow | $1,066 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $903 |
| DSCR Ratio | 2.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
8.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87513, Arroyo Hondo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 525 (63.5%) |
| Renter Occupied HU | 137 (16.6%) |
| Vacant Housing Units | 165 (20.0%) |
| Median Home Value | $439,948 |
| Average Home Value | $436,795 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Lot
Built in N/A
8.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87513, Arroyo Hondo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 525 (63.5%) |
| Renter Occupied HU | 137 (16.6%) |
| Vacant Housing Units | 165 (20.0%) |
| Median Home Value | $439,948 |
| Average Home Value | $436,795 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Page Sullivan Real Estate Group • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: TCAR
Mls Provider:
Mls ID: #111157
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.