67 Los Hornos RdLamyNM87540
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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
Investment Highlights
Rental property for sale in Lamy at 67 Los Hornos Rd, Lamy, NM, 87540 offers $6,000/mo rent that, after a $4,038/mo payment, leaves $1,158/mo cash flow. Total monthly income is $6,000/mo, and annual cash flow is $13,891/yr on $271,425 cash. Return on cash invested measures 25.18% in year one, and rental yield stands at 8.73% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 130.64% and total cumulative return in cash reaches $354,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,000/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
9.40 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: Greg McMillan • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls ID: #202505062