7 Loretto TrlLamyNM87540
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
Investment Highlights
Rental property for sale in Lamy at 7 Loretto Trl, Lamy, NM, 87540 priced at $917,000 converts $6,000/mo rent into $542/mo cash flow after a $4,488/mo obligation. Total monthly income equals $6,000/mo, and annual cash flow totals $6,499/yr on $301,693 invested. Return on cash invested prints 22.21% in year one, and rental yield reads 7.85% against a $917,000 entry. Equity gained on principal adds $5,917/yr, while 5% annual appreciation compiles into $253,350 by year five. Five-year ROI reaches 114.85% and total cumulative return in cash sums $346,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $4,488/mo payment, not borrower’s personal income.
Single Family
Built in 2021
3.56 Acres lot
$N/A/sqft
$650 annually 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: Johanna Fisher • Keller Williams Realty
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501482
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.