Sophia Plan, Stonegate,Rio Rancho,NM,87144

Investment Highlights

Investment property for sale in Rio Rancho at Sophia Plan, Stonegate, Rio Rancho, NM, 87144 offers a 8.34% rental yield on a $382,990 purchase with $2,662/mo rent. Total monthly income registers $2,662/mo, and a $1,875/mo payment leaves $414/mo available for distribution. Annual cash flow reaches $4,963/yr on $126,961 to close, and return on cash invested stands at 23.82% in year one. Equity gained on principal adds $2,471/yr while 5% annual appreciation supports $105,813 over five years. Portfolio math shows five-year ROI at 123.39% and total cumulative return in cash at $156,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,662/mo property income against a $1,875/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.