34 Ranch RdLamyNM87540
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Lamy at 34 Ranch Rd, Lamy, NM, 87540 priced at $589,000 converts $3,539/mo rent into $82/mo cash flow after a $2,883/mo obligation. Total monthly income equals $3,539/mo, and annual cash flow totals $981/yr on $193,781 invested. Return on cash invested prints 20.57% in year one, and rental yield reads 7.21% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 105.91% and total cumulative return in cash sums $205,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,539/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Single Family
Built in 2016
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87540, Lamy, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 474 (76.1%) |
| Renter Occupied HU | 76 (12.2%) |
| Vacant Housing Units | 73 (11.7%) |
| Median Home Value | $664,402 |
| Average Home Value | $712,257 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Walker Stewart • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls ID: #202505050