2 Wishbone CtLos 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 2 Wishbone Ct, Los Lunas, NM, 87031 at $799,750 posts ROI 16.17% with from $3,898/mo rent. Total monthly income equals $3,898/mo. Return on cash invested measures 16.17% and rental yield reads 5.85% at the current $799,750. Equity gained on principal adds $5,161/yr, and 5% annual appreciation supports $220,956 by year five. Five-year ROI prints 82.4% and total cumulative return in cash totals $216,805. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,898/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
1.60 Acres lot
$N/A/sqft
$700 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: Joshua Chavez • Assist-2-Sell Buyers and Sell
Mls Name: SWMLS
Mls Provider:
Mls ID: #1080109
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.