12 Lakeview Dr, La Luz, NM, 88337 | $382/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
882 sft

9 Twin Forks Dr #6, Cloudcroft, NM, 88317

6 Bed
6 Bath
5811 sft

24120 Us Highway 70, Bent, NM, 88314

3 Bed
3 Bath
1352 sft

5 Mescalero Rd, Bent, NM, 88314

Investment Property+ 1 more

3 Bed
1 Bath
988 sft

1200 Catalina Ln, Alamogordo, NM, 88310

Nearby investment properties with comparable prices

3 Bed
2 Bath
1313 sft

501 Kingston Dr, Alamogordo, NM, 88310

3 Bed
2 Bath
1350 sft

2303 Tulane Ave, Alamogordo, NM, 88310

3 Bed
1 Bath
1258 sft

1309 Indiana Ave, Alamogordo, NM, 88310

1 Bed
1 Bath
718 sft

34 N Groesbeeck Rd, Cloudcroft, NM, 88317

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in La Luz at 12 Lakeview Dr, La Luz, NM, 88337 uses $65,969 cash to close to unlock $4,584/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $1,550/mo, and a $974/mo payment keeps the spread at $382/mo. Purchase price stands at $199,000, and rental yield measures 9.35% with $1,550/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash records $92,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,550/mo property income covering a $974/mo payment rather than investor’s personal income.

Single Family

Built in 1987

0.50 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