Off MarketRisky Deal2 days on market
3102 May Cir SE
3102 May Cir SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$450,000
Estimate®:$334,300
Listing Price
3102 May Cir SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
2
Tax Assessed
$197k
Estimate®
$334k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$2,556/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
1.9 mi away
7
Rio Rancho Middle School
6-8
3.5 mi away
7
Rio Rancho High School
9-12
1.8 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-storybrick exteriorattached garagexeriscapinggravel landscapingprivacy wallyucca plantresidentialsuburbandesert aestheticwatercolor style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.45%
Total ROI
55.6%
Cash Flow
$-666/mo
DSCR
0.71
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-666/mo net cash flow with a 4.5% 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 |
|---|---|---|---|
| 2026-04-22 | Sold | $0 | – |
| 2026-03-06 | Pending sale | $350,000 | $154 |
| 2026-02-28 | Price change | $350,000 | $154 |
| 2026-01-29 | Price change | $355,000 | $156 |
| 2026-01-08 | Listed for sale | $360,000 | $158 |
| 2025-12-18 | Listing removed | $370,000 | $163 |
| 2025-07-12 | Pending sale | $370,000 | $163 |
| 2025-07-10 | Listed for sale | $370,000 | $163 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,868.08 | $65,533 |
| 2024 | $2,076.76 | $63,624 |
| 2023 | $2,017.08 | $61,771 |
| 2022 | $1,972.72 | $59,972 |
| 2021 | $1,951.28 | $58,225 |
| 2020 | $1,951.28 | $58,225 |
| 2019 | $1,900.84 | $56,530 |
| 2018 | $1,729.48 | $54,883 |
| 2017 | $1,850.36 | $53,285 |
| 2016 | $1,850.36 | $53,285 |
| 2014 | $1,812.68 | $53,285 |
| 2013 | $1,812.68 | $45,734 |
| 2011 | $0 | $155,200 |
Similar Properties Nearby
Explore other investment opportunities in Rio Rancho.