183 La Entrada RdLos 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 183 La Entrada Rd, Los Lunas, NM, 87031 uses $91,163 cash to close to unlock $455/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,652/mo, and a $1,346/mo payment keeps the spread at $38/mo. Purchase price stands at $275,000, and rental yield measures 7.21% with $1,652/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 105.11% and total cumulative return in cash records $95,819. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,652/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
1 Acres 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
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Listed by: Barbara S Padilla • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1093896