rent to own home - Rio Rancho, NM - a single family home

This is not a list price. This is an estimate price for the property provided by SmartZip. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $741,800
Dynamite unobstructed Sandia views with home Business Opportunity potential! The City of Rio Rancho has issued an ordinance change from E1/state Residential District to SU/Special Use for E1/Estate Residential to allow a Veterans Shelter Facility as an accessory use, and approval of site plan. Similar use or other options could be available with City approval. This would be a great set-up for assisted living or other types of shelters. This beautiful custom two story home is 3267sf with 4 bedrooms, 3 full bathrooms and a study/office with radiant heat in the floors both upstairs and down. It has refrigerated air, with a second unit just for the upstairs. There is a hot tub hook-up on the second story balcony right off of the master bedroom. The master bedroom has a large walk-in closet, see through fireplace, two shower heads and separate 2 person jetted tub. Large kitchen, dining room and great room with fireplace with views of the Sandia Mountains. The detached building is 6000 sq ft and is fully finished & insulated, radiant heat in the floors and radiant heat tubes mounted on the ceilings. It has a combination of refrigerated air and swamp coolers, two insulated 10' x 12' doo...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID168602289
CountySandoval
Bedrooms4
Bathrooms3.0
Living Area (sqft)3,297
Property TypeSingle Family Home
Sale History
Taxes
Property Tax RateRegister for full details
SmartZip
SmartZip HomeScoreTM
A SmartZip HomeScoreTM indicates if you're getting a good deal on a house to live in. A listing with a HIGH SCORE means it's a GOOD DEAL (so you'll want to check it out quickly!). On the other hand, make sure to negotiate the price for listings with LOW SCORES.
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SmartZip InvestorScoreTM
A SmartZip InvestorScoreTM indicates if you're getting a good deal on a house to buy as an investment. A listing with a HIGH SCORE means it's a GOOD DEAL (so you'll want to check it out quickly!). On the other hand, make sure to negotiate the price for listings with LOW SCORES.
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Property Brokerage: FIZBER-For Sale by Owner

© SmartZip, Inc., 2016. Home estimated values and investment ratings are provided by SmartZip Analytics, Inc. and subject to SmartZip's Terms of Use. What's a SmartZip Score?

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