505 Oppenheimer Dr APT 312Los AlamosNM87544
INVESTMENT ANALYSIS
Investment Verdict
Solid Income505 Oppenheimer Dr APT 312, Los Alamos, NM, 87544 in Los Alamos carries a 1.59 coverage ratio, rent of $1,935/mo is 1.59 times the $1,214/mo payment. Rental yield 8.28%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $270,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $74,596; total projected cumulative return: $103,553.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(72) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,935 |
| Total Monthly Debt Service | $1,827 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
2,178 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87544, Los Alamos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,303 (100%) |
| Owner Occupied HU | 4,052 (64.3%) |
| Renter Occupied HU | 1,836 (29.1%) |
| Vacant Housing Units | 415 ( 6.6%) |
| Median Home Value | $525,972 |
| Average Home Value | $540,579 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
5,554
Multi-Family
593
Businesses
630
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
Condo
Built in 1984
2,178 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87544, Los Alamos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,303 (100%) |
| Owner Occupied HU | 4,052 (64.3%) |
| Renter Occupied HU | 1,836 (29.1%) |
| Vacant Housing Units | 415 ( 6.6%) |
| Median Home Value | $525,972 |
| Average Home Value | $540,579 |
Housing Distribution
Address Breakdown
Residential
6,147
Single Family
5,554
Multi-Family
593
Businesses
630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: T. Lance Eaton • EXIT Realty Advantage NM
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501909
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.