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OFF_MARKETRisky Deal7 days on market

1713 17th Ave SE

1713 17th Ave SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$859,999
Zestimate®:$840,100

Listing Price

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1713 17th Ave SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
7
Tax Assessed
$579k
Zestimate®
$840k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$3,594/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Maggie Cordova Elementary School

K-5
0.5 mi away
6

Lincoln Middle School

6-8
2.1 mi away
7

Rio Rancho High School

9-12
3.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
2.97%
Total ROI
23.5%
Cash Flow
$-2,332/mo
DSCR
0.48
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-02Price change$854,999$303
2026-08-25Listed for sale$859,999$305
2026-06-29Listing removed$859,999$305
2026-06-08Listed for sale$859,999$305
2026-04-16Pending sale$859,999$305
2026-02-27Listed for sale$859,999$305
2020-04-22Listing removed$35,000$12
2019-09-01Listed for sale$35,000$12
2019-07-21Listing removed$35,000$12
2019-07-02Price change$35,000$12
2018-10-07Price change$39,900$14
2018-06-19Price change$42,500$15
2018-04-12Listed for sale$45,000$16
2016-01-07Sold$0–

Tax History

YearProperty TaxTax Assessment
2025$6,733.76$192,967
2024$547.44$15,000
2023$388.64$9,333
2022$448.12$10,745
2021$272.92$6,970
2020$204.68$5,227
2019$259.08$6,171
2018$245.82$6,171
2017$158.8$9,728
2016$158.8$3,630
2014$154.02$3,630
2013$154.02$9,438
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
2,824
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $859,999Rent Basis: Observed Comp Model ($3,594/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $251/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.97%

NOI: $25,565/yr

Cash-on-Cash Yield
-14.1%

On $197,800 invested

DSCR Ratio
0.48x

Negative debt coverage

5-Yr Leveraged ROI
+23.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$386/mo
Homeowner / Hazard Insurance-$251/mo
Vacancy Reserve (5% of rent)-$180/mo
Repairs & Maintenance (10% of rent)-$359/mo
Property Management (8% of rent)-$288/mo
Total Pure Operating Expenses-$1,464/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,594/mo
Less: Operating Expenses-$1,464/mo
Net Operating Income (NOI)+$2,130/mo
Less: Debt Service (30yr @ 6.75%)-$4,462/mo
Net Cash Flow
$-2,332/mo
$-27,983/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
DSCR Tool
Loan qualification
Rental Cash Flow
6-month reserves
Leveraged ROI
10-year compounding
Deal Scorecard
1% Rule test
Pure NOI
Operating ratios

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