For SaleRisky Deal181 days on market
1881 17th Ave SE
1881 17th Ave SE, Rio Rancho, NM 87124, Rio Rancho, NM 87124
$520,000
Estimate®:$510,800
Listing Price
1881 17th Ave SE, Rio Rancho, NM 87124
Loc: Rio Rancho, NM
Days Listed
181
Tax Assessed
$395k
Estimate®
$511k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$2,567/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
0.4 mi away
6
Lincoln Middle School
6-8
2 mi away
7
Rio Rancho 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
stucco exteriorsouthwestern styletile roofattached garagestone accentsarched entrywaydesert landscapingsingle-storycurb appealmulti-faceted facadeasphalt drivewayresidential propertytraditional suburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.60%
Total ROI
37.2%
Cash Flow
$-1,137/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,137/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2026-09-23 | Price change | $520,000 | $237 |
| 2026-03-28 | Listed for sale | $550,000 | $250 |
| 2024-10-24 | Listing removed | $485,000 | $221 |
| 2024-10-22 | Listed for sale | $485,000 | $221 |
| 2020-04-29 | Sold | $0 | – |
| 2020-03-28 | Pending sale | $365,000 | $166 |
| 2020-02-29 | Listed for sale | $365,000 | $166 |
| 2020-02-19 | Pending sale | $365,000 | $166 |
| 2020-01-17 | Price change | $365,000 | $166 |
| 2019-11-21 | Price change | $375,000 | $171 |
| 2019-09-17 | Listed for sale | $399,000 | $182 |
| 2016-08-01 | Listing removed | $320,000 | $146 |
| 2016-04-21 | Listed for sale | $320,000 | $146 |
| 2014-02-27 | Sold | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,170.96 | $131,526 |
| 2024 | $4,385.92 | $127,696 |
| 2023 | $4,266.88 | $123,977 |
| 2022 | $4,180.2 | $120,366 |
| 2021 | $4,142.06 | $116,860 |
| 2020 | $2,493.24 | $72,730 |
| 2019 | $2,430.58 | $70,612 |
| 2018 | $2,213.2 | $68,555 |
| 2017 | $2,293.92 | $66,558 |
| 2016 | $2,293.92 | $64,620 |
| 2014 | $2,400.54 | $61,992 |
| 2013 | $2,400.54 | $61,992 |
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