38 Lora LnEdgewoodNM87015
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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 Edgewood at 38 Lora Ln, Edgewood, NM, 87015 at $540,000 posts ROI 12.03% with from $1,980/mo rent. Total monthly income equals $1,980/mo. Return on cash invested measures 12.03% and rental yield reads 4.4% at the current $540,000. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 by year five. Five-year ROI prints 60.12% and total cumulative return in cash totals $106,802. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1999
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87015, Edgewood, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,790 (100%) |
| Owner Occupied HU | 4,677 (80.8%) |
| Renter Occupied HU | 516 ( 8.9%) |
| Vacant Housing Units | 597 (10.3%) |
| Median Home Value | $346,191 |
| Average Home Value | $362,049 |
Housing Distribution
Address Breakdown
Residential
4,709
Single Family
4,690
Multi-Family
19
Businesses
246
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Nearby investment properties with comparable prices
Listed by: David Levi Boillot • LPT Realty
Mls Name: SWMLS
Mls ID: #1097073