769 Meadowlake RdLos 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
Rental property for sale in Los Lunas at 769 Meadowlake Rd, Los Lunas, NM, 87031 generates $1,111/mo in rent and, after a $685/mo payment, leaves $290/mo in cash flow. Total monthly income is $1,111/mo, and annual cash flow is $3,474/yr on $46,410 invested. Return on cash invested sits at 27.39% in year one, and rental yield is 9.52% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash sums $66,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,111/mo property income rather than buyer’s personal income.
Manufactured
Built in 1969
1.04 Acres 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: Mark Rojahn • Mossy Oak Prop. Enchanted Land
Mls Name: SWMLS
Mls ID: #1090204