For SaleNeutral Deal2 days on market
2046 Rivers Edge Dr NE
2046 Rivers Edge Dr NE, Rio Rancho, NM 87144, Rio Rancho, NM 87144
$455,000
Listing Price
2046 Rivers Edge Dr NE, Rio Rancho, NM 87144
Loc: Rio Rancho, NM
Days Listed
2
Tax Assessed
$246k
Lot Size
0.41 acres
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.
8
Enchanted Hills Elementary School
K-5
1.9 mi away
8
Mountain View Middle School
6-8
2.5 mi away
7
V Sue Cleveland High School
9-12
3.2 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 exteriortwo-story houseattached garagebalconyflat roofdesert landscapingspacious lawnsuburbansunset lightingresidentialearth tonessouthwestern style
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.61%
Total ROI
102.5%
Cash Flow
$145/mo
DSCR
1.06
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $145/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.6%)
- • 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $455,000 | $219 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $81,963 |
| 2024 | $2,795.8 | $79,575 |
| 2023 | $2,721.84 | $77,258 |
| 2022 | $2,668.52 | $75,008 |
| 2021 | $2,646.16 | $72,823 |
| 2020 | $2,646.16 | $72,823 |
| 2019 | $2,664.22 | $72,823 |
| 2018 | $2,430.68 | $70,702 |
| 2017 | $2,849.94 | $70,702 |
| 2016 | $2,849.94 | $74,829 |
| 2014 | $2,791.9 | $74,829 |
| 2013 | $2,791.9 | $70,650 |
| 2011 | $0 | $217,948 |
Similar Properties Nearby
Explore other investment opportunities in Rio Rancho.