Rio Rancho, NM — Rental Investment Analysis
🟡MODERATE— average returnsCap Rate
4.3%
Below average
Monthly Cash Flow
-$636
After all expenses
Price-to-Rent
13.8
Investor-friendly
DSCR
0.67
Fails
📊 Key Metrics
- Median Home Price
- $362,770
- Average Rent (3BR)
- $2,205/mo
- Price-to-Rent Ratio
- 13.8(good)
- 1% Rule
- 0.61%(fails — need 1%+)
- Cash-on-Cash Return
- -9.2%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.9%(+0.6% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- -1.4% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
0.67%
of assessed value (NM avg)
Median Income
$53,992
household (NM avg)
Rent-to-Income
49%
Stretched
Section 8 Max Rent
$2,205/mo
3BR voucher payment
🏛️ NM Investor Climate
Landlord Friendly
5/10
State Income Tax
Has state tax
Property Tax
0.67% effective
Population Trend
-1.4% (3yr)