For SaleGood Deal145 days on market
2010 Desert Ave NE
2010 Desert Ave NE, Rio Rancho, NM 87144, Rio Rancho, NM 87144
$299,900
Listing Price
2010 Desert Ave NE, Rio Rancho, NM 87144
Loc: Rio Rancho, NM
Days Listed
145
Tax Assessed
$199k
Lot Size
1.00 acres
Rent Estimate
$2,552/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.
4
Cielo Azul Elementary School
K-5
0.5 mi away
8
Mountain View Middle School
6-8
6.2 mi away
7
V Sue Cleveland High School
9-12
3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Pueblo Revivalstucco exteriorsouthwestern styledesert landscapeadobe stylerounded edgesexpansive windowsrural propertysingle-storyarid environmentcustom homeearth tonesvigas
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.16%
Total ROI
114.6%
Cash Flow
$234/mo
DSCR
1.15
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $234/mo net cash flow with a 7.2% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.2%)
- • Strong rental demand in Rio Rancho
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Price change | $299,900 | $139 |
| 2026-08-17 | Price change | $337,900 | $156 |
| 2026-06-16 | Price change | $339,900 | $157 |
| 2026-05-02 | Listed for sale | $349,900 | $162 |
| 2020-08-26 | Listing removed | $0 | – |
| 2020-08-17 | Listed for sale | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,314.08 | $66,314 |
| 2024 | $2,389.96 | $66,314 |
| 2023 | $2,328.52 | $64,382 |
| 2022 | $2,284.68 | $62,507 |
| 2021 | $2,267.44 | $60,687 |
| 2020 | $2,201.42 | $58,920 |
| 2019 | $2,151.9 | $57,204 |
| 2018 | $1,964.9 | $55,537 |
| 2017 | $2,110 | $53,920 |
| 2016 | $2,110 | $53,920 |
| 2014 | $1,990.36 | $52,350 |
| 2013 | $1,990.36 | $67,619 |
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