12 Violet AveLos 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 12 Violet Ave, Los Lunas, NM, 87031 generates $1,588/mo in rent and, after a $1,039/mo payment, leaves $342/mo in cash flow. Total monthly income is $1,588/mo, and annual cash flow is $4,104/yr on $70,377 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 8.98% on a $212,300 entry. Equity gained on principal adds $1,370/yr, while 5% annual appreciation builds toward $58,655 over five years. Five-year ROI reaches 133.77% and total cumulative return in cash sums $94,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
0.50 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
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Listed by: N/A • N/A
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