1630 Tierra Alta Ct NWLos LunasNM87031
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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 Los Lunas at 1630 Tierra Alta Ct NW, Los Lunas, NM, 87031 listed at $334,000 pairs $2,209/mo rent with a $1,635/mo payment to leave $218/mo cash flow. Total monthly income runs $2,209/mo, and annual cash flow reaches $2,620/yr on $110,721 cash to close. Return on cash invested measures 22.28% in year one, and rental yield registers 7.94% at a $334,000 basis. Equity gained on principal adds $2,155/yr, and annual property appreciation at 5% supports $92,278 by year five. Five-year ROI tracks 115.25% and total cumulative return in cash totals $127,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,209/mo property income relative to a $1,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4,791 sqft lot
$N/A/sqft
$360 annually 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
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Listed by: Monica L Munoz • Casa Montoya Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1081885
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.