16 Toms LnLa 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
Investment property for sale in La Luz at 16 Toms Ln, La Luz, NM, 88337 earns $267/mo cash flow from $1,118/mo rent with a $710/mo payment. Total monthly income totals $1,118/mo, and annual cash flow totals $3,199/yr on $48,068 capital. ROI tracks 26.57% on current figures, and rental yield reads 9.25% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 138.17% and total cumulative return in cash sums $66,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,118/mo property income instead of your personal income.
Single Family
Built in 1965
1.38 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: Tabitha Foster • Future Real Estate
Mls Name: OCMLS
Mls ID: #170166