404 Tondre RdLos 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 404 Tondre Rd, Los Lunas, NM, 87031 earns from $2,442/mo rent with a $2,100/mo payment. Total monthly income totals $2,442/mo. ROI tracks 19.27% on current figures, and rental yield reads 6.83% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 98.96% and total cumulative return in cash sums $140,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,442/mo property income instead of your personal income.
Single Family
Built in 1998
0.97 Acres 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: Joshua Chavez • Assist-2-Sell Buyers and Sell
Mls Name: SWMLS
Mls ID: #1095573