1300 Iris St APT 106Los AlamosNM87544
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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 Los Alamos at 1300 Iris St APT 106, Los Alamos, NM, 87544 listed at $363,500 pairs $3,170/mo rent with a $1,779/mo payment to leave $737/mo cash flow. Total monthly income runs $3,170/mo, and annual cash flow reaches $8,839/yr on $120,500 cash to close. Return on cash invested measures 27.24% in year one, and rental yield registers 10.46% at a $363,500 basis. Equity gained on principal adds $2,346/yr, and annual property appreciation at 5% supports $100,428 by year five. Five-year ROI tracks 142.86% and total cumulative return in cash totals $172,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,170/mo property income relative to a $1,779/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
2,613 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87544, Los Alamos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,303 (100%) |
| Owner Occupied HU | 4,052 (64.3%) |
| Renter Occupied HU | 1,836 (29.1%) |
| Vacant Housing Units | 415 ( 6.6%) |
| Median Home Value | $525,972 |
| Average Home Value | $540,579 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
5,554
Multi-Family
593
Businesses
630
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Listed by: Ian Maes • RE MAX First
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202500827
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.