1300 Iris St APT 107Los AlamosNM87544
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 Alamos at 1300 Iris St APT 107, Los Alamos, NM, 87544 listed at $365,000 pairs $3,170/mo rent with a $1,786/mo payment to leave $1,028/mo cash flow. Total monthly income runs $3,170/mo, and annual cash flow reaches $12,338/yr on $120,998 cash to close. Return on cash invested measures 30.11% in year one, and rental yield registers 10.42% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 157.14% and total cumulative return in cash totals $190,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,170/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ian Maes • RE MAX First
Mls Name: SFARMLS
Mls ID: #202503569