102-104 Nathan RdLos LunasNM87031
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.33% gross rental yield, 102-104 Nathan Rd, Los Lunas, NM, 87031 in Los Lunas is priced for capital growth, not immediate cash flow. The $975,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $269,375 by year five, with $8,980/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.43) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $121,817.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.8% |
| Monthly Cash Flow | $(3,832) | $350 |
City averages based on Los Lunas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,891 |
| Total Monthly Debt Service | $5,335 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2008
4.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87031, Los Lunas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,866 (100%) |
| Owner Occupied HU | 13,557 (75.9%) |
| Renter Occupied HU | 3,091 (17.3%) |
| Vacant Housing Units | 1,218 ( 6.8%) |
| Median Home Value | $249,395 |
| Average Home Value | $271,565 |
Housing Distribution
Address Breakdown
Residential
16,830
Single Family
16,569
Multi-Family
261
Businesses
796
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
Multi Family
Built in 2008
4.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87031, Los Lunas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,866 (100%) |
| Owner Occupied HU | 13,557 (75.9%) |
| Renter Occupied HU | 3,091 (17.3%) |
| Vacant Housing Units | 1,218 ( 6.8%) |
| Median Home Value | $249,395 |
| Average Home Value | $271,565 |
Housing Distribution
Address Breakdown
Residential
16,830
Single Family
16,569
Multi-Family
261
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremiah D. Collins • Real Broker, LLC
Mls Name: SWMLS
Mls ID: #1094429