294 Adeline AveLos 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 294 Adeline Ave, Los Lunas, NM, 87031 listed at $340,000 pairs $2,274/mo rent with a $1,664/mo payment to leave $279/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $3,342/yr on $112,710 cash to close. Return on cash invested measures 22.87% in year one, and rental yield registers 8.03% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 118.33% and total cumulative return in cash totals $133,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,662 sqft 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: Taylor V. Kaneshiro • Realty One of New Mexico, LLC
Mls Name: SWMLS
Mls ID: #1097338