35 Rodeo Dr, La Luz, NM, 88337 | 5.76% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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37 Gentry Rd, La Luz, NM, 88337

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

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Investment Highlights

Investment property for sale in La Luz at 35 Rodeo Dr, La Luz, NM, 88337 earns from $1,914/mo rent with a $1,952/mo payment. Total monthly income totals $1,914/mo. ROI tracks 16.03% on current figures, and rental yield reads 5.76% at a $398,900 purchase. Equity gained on principal adds $2,574/yr, and 5% annual appreciation supports $110,209 over five years. Five-year ROI reaches 81.67% and total cumulative return in cash sums $107,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,914/mo property income instead of your personal income.

Single Family

Built in 1989

6.20 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88337, La Luz, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,203 (100%)
Owner Occupied HU	857 (71.2%)
Renter Occupied HU	163 (13.5%)
Vacant Housing Units	183 (15.2%)
Median Home Value	$252,523
Average Home Value	$270,741