For SaleRisky Deal6 days on market
4108 Leon Grande Ave SE
4108 Leon Grande Ave SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$329,900
Estimate®:$324,600
Listing Price
4108 Leon Grande Ave SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
6
Tax Assessed
$112k
Estimate®
$325k
Market Rate
Lot Size
0.28 acres
Rent Estimate
$2,237/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.
5
Rio Rancho Elementary School
K-5
0.3 mi away
7
Rio Rancho Middle School
6-8
2.3 mi away
7
Rio Rancho High School
9-12
1.4 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
ranch stylesingle-storystucco exteriorattached garagedesert landscapinggravel yardlow maintenancecontemporarysuburbanwalkwayflat rooflineminimalist aestheticresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.39%
Total ROI
75.9%
Cash Flow
$-231/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-231/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Rio Rancho, NM
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $329,900 | $162 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,301.24 | $37,289 |
| 2024 | $1,088.52 | $36,203 |
| 2023 | $1,092.36 | $36,203 |
| 2022 | $1,314.68 | $41,968 |
| 2021 | $1,298.18 | $40,745 |
| 2020 | $1,253.86 | $39,559 |
| 2019 | $1,219.08 | $38,407 |
| 2018 | $1,107 | $37,289 |
| 2017 | $1,181.9 | $36,203 |
| 2016 | $1,181.9 | $36,203 |
| 2014 | $1,157.84 | $36,203 |
| 2013 | $1,157.84 | $29,148 |
| 2011 | $0 | $105,445 |
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