11 Lakeview DrLa LuzNM88337
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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
Investment property for sale in La Luz at 11 Lakeview Dr, La Luz, NM, 88337 listed at $260,000 pairs $1,079/mo rent with a $1,273/mo payment. Total monthly income runs $1,079/mo. Return on cash invested measures 13.68% in year one, and rental yield registers 4.98% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 69.04% and total cumulative return in cash totals $59,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,079/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88337, La Luz, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 857 (71.2%) |
| Renter Occupied HU | 163 (13.5%) |
| Vacant Housing Units | 183 (15.2%) |
| Median Home Value | $252,523 |
| Average Home Value | $270,741 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
68
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Listed by: Debbie Loper • Future Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #171057
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.