157 Fresnal Canyon RdLa LuzNM88337
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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
Rental property for sale in La Luz at 157 Fresnal Canyon Rd, La Luz, NM, 88337 generates $2,851/mo in rent and, after a $1,542/mo payment, leaves $1,002/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $12,022/yr on $104,423 invested. Return on cash invested sits at 31.42% in year one, and rental yield is 10.86% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 164.17% and total cumulative return in cash sums $171,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
5.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88337, La Luz, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 857 (71.2%) |
| Renter Occupied HU | 163 (13.5%) |
| Vacant Housing Units | 183 (15.2%) |
| Median Home Value | $252,523 |
| Average Home Value | $270,741 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
68
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Listed by: Brianna Martinez • RE/MAX of Alamogordo, Ltd
Mls Name: OCMLS
Mls ID: #172010