1489 Alto Colores St NWLos 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 1489 Alto Colores St NW, Los Lunas, NM, 87031 earns $297/mo cash flow from $2,527/mo rent with a $1,860/mo payment. Total monthly income totals $2,527/mo, and annual cash flow totals $3,558/yr on $125,967 capital. ROI tracks 22.73% on current figures, and rental yield reads 7.98% at a $379,990 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,984 over five years. Five-year ROI reaches 117.58% and total cumulative return in cash sums $148,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,527/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A