6 Spur Ranch RdLamyNM87540
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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
Rental property for sale in Lamy at 6 Spur Ranch Rd, Lamy, NM, 87540 priced at $898,000 pairs $6,000/mo rent with $729/mo cash flow after a $4,395/mo payment. Total monthly income equals $6,000/mo, and annual cash flow comes to $8,753/yr on $295,442 invested. Return on cash invested is 23.02% in year one, and rental yield stands at 8.02% on a $898,000 basis. Equity gained on principal adds $5,795/yr, and 5% annual appreciation accumulates to $248,101 by year five. Five-year ROI measures 119.08% and total cumulative return in cash reaches $351,824. For financing, Ziffy Mortgage’s DSCR program evaluates $6,000/mo property income against a $4,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87540, Lamy, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 474 (76.1%) |
| Renter Occupied HU | 76 (12.2%) |
| Vacant Housing Units | 73 (11.7%) |
| Median Home Value | $664,402 |
| Average Home Value | $712,257 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
26
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Listed by: Stephen J. Hardy • Hardy & Company
Mls Name: SFARMLS
Mls ID: #202504731