1 N Lemuria RdTres PiedrasNM87577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Tres Piedras at 1 N Lemuria Rd, Tres Piedras, NM, 87577 priced at $365,000 converts $2,472/mo rent into $330/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,472/mo, and annual cash flow totals $3,962/yr on $120,998 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 8.13% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 120.02% and total cumulative return in cash sums $145,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,472/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87577, Tres Piedras, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 67 (64.4%) |
| Renter Occupied HU | 6 ( 5.8%) |
| Vacant Housing Units | 31 (29.8%) |
| Median Home Value | $323,333 |
| Average Home Value | $420,634 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: Alexander Schoenfeld • EXP REALTY, LLC
Mls Name: Enchanted Circle
Mls ID: #114006