37 Gentry RdLa LuzNM88337
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 La Luz at 37 Gentry Rd, La Luz, NM, 88337 priced at $339,900 pairs $2,018/mo rent with $23/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,018/mo, and annual cash flow comes to $271/yr on $112,677 invested. Return on cash invested is 20.15% in year one, and rental yield stands at 7.12% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 103.73% and total cumulative return in cash reaches $116,879. For financing, Ziffy Mortgage’s DSCR program evaluates $2,018/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1978
4.38 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 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
68
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Listed by: Ellie Smith • Future Real Estate
Mls Name: OCMLS
Mls ID: #172057