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Archived over 2 years ago

$450,000

3 bd 2 ba 2272 sqft

2708 Delicias Rd, Rio Rancho, NM 87124

Residential SFR Off MLS

Current Rent **

$3,500

Projected Rent **

$3,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

STR/MTR in Rio Rancho, New Mexico

This stunning single level home is ideal for both entertaining as well as everyday living. Has been used as a successful STR for the past 3 years, would be a prime location for MTR as well! Close to 2 major hospitals, as well as Intel.
The open-concept floor plan creates a seamless flow between the spacious living areas. The heart of this home is the chef's kitchen, featuring stainless steel appliances and a center island that doubles as a breakfast bar. The adjoining dining area is perfect for intimate family meals or hosting larger gatherings. Unwind and relax in the backyard, which is fully landscaped and features a covered patio. It's the perfect space for hosting summer parties and enjoying family gatherings. Beyond its exceptional interior and exterior features, this home also offers a convenient location- close proximity to schools, shopping, and recreational facilities, it provides easy access to everything you need!

Location:

2708 Delicias Rd, Rio Rancho, NM 87124

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.