47 Turner Dr, Los Lunas, NM, 87031 | $319/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Los Lunas at 47 Turner Dr, Los Lunas, NM, 87031 generates $1,341/mo in rent and, after a $852/mo payment, leaves $319/mo in cash flow. Total monthly income is $1,341/mo, and annual cash flow is $3,832/yr on $57,681 invested. Return on cash invested sits at 26.55% in year one, and rental yield is 9.25% on a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash sums $79,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,341/mo property income rather than buyer’s personal income.

Manufactured

Built in 1997

1.39 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