1115 Avenida Esplendida NWLos LunasNM87031
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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
Rental property for sale in Los Lunas at 1115 Avenida Esplendida NW, Los Lunas, NM, 87031 priced at $328,100 pairs $2,893/mo rent with $967/mo cash flow after a $1,606/mo payment. Total monthly income equals $2,893/mo, and annual cash flow comes to $11,605/yr on $108,765 invested. Return on cash invested is 30.58% in year one, and rental yield stands at 10.58% on a $328,100 basis. Equity gained on principal adds $2,117/yr, and 5% annual appreciation accumulates to $90,648 by year five. Five-year ROI measures 159.68% and total cumulative return in cash reaches $173,678. For financing, Ziffy Mortgage’s DSCR program evaluates $2,893/mo property income against a $1,606/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
5,662 sqft 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
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Listed by: N/A • N/A
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Mls ID: #N/A