473 Wyatt Ave SWLos 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 473 Wyatt Ave SW, Los Lunas, NM, 87031 with 5% annual appreciation on a $398,000 basis while $2,641/mo rent supports operations. Total monthly income totals $2,641/mo and a $1,948/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,659/yr on $131,937 deployed, and return on cash invested reaches 22.68% in year one. Equity gained on principal adds $2,568/yr, and five-year appreciation sums $109,960 alongside rental yield of 7.96%. Five-year ROI measures 117.28% and total cumulative return in cash totals $154,740.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,641/mo property income versus a $1,948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
5,662 sqft 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: Richard D Johnson • High Desert Realty
Mls Name: SWMLS
Mls ID: #1096275