13 Carlitos LnLos LunasNM87031
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
Investment Highlights
Investment property for sale in Los Lunas at 13 Carlitos Ln, Los Lunas, NM, 87031 at $319,500 posts ROI 23.73% with $337/mo cash flow from $2,213/mo rent. Total monthly income equals $2,213/mo, and annual cash flow records $4,050/yr on $105,914 to close. Return on cash invested measures 23.73% and rental yield reads 8.31% at the current $319,500. Equity gained on principal adds $2,062/yr, and 5% annual appreciation supports $88,272 by year five. Five-year ROI prints 122.94% and total cumulative return in cash totals $130,214.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2014
0.75 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: Nicole L Golino • Nino Trujillo & Company, Inc.
Mls Name: SWMLS
Mls ID: #1087239