State Rd HOUSE 870ChimayoNM87522
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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 Chimayo at State Rd HOUSE 870, Chimayo, NM, 87522 with 5% annual appreciation on a $449,000 basis while $1,440/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 3.85%. Five-year ROI measures 50.75% and total cumulative return in cash totals $75,532. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1995
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87522, Chimayo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,908 (100%) |
| Owner Occupied HU | 1,444 (75.7%) |
| Renter Occupied HU | 236 (12.4%) |
| Vacant Housing Units | 228 (11.9%) |
| Median Home Value | $262,698 |
| Average Home Value | $284,060 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
35
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Listed by: Desiree Velasquez • Donna Saiz RE Group
Mls Name: SFARMLS
Mls ID: #202504854