1304 Luna Dr,Chaparral,NM,88081

Investment Highlights

Rental property for sale in Chaparral at 1304 Luna Dr, Chaparral, NM, 88081 generates $1,244/mo in rent and, after a $852/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,244/mo, and annual cash flow is $2,668/yr on $57,681 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 8.58% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 127.31% and total cumulative return in cash sums $73,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,244/mo property income rather than buyer’s personal income.