81 Cerro Alto RdLamyNM87540
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
Investment property for sale in Lamy at 81 Cerro Alto Rd, Lamy, NM, 87540 with 5% annual appreciation on a $1,088,000 basis while $4,071/mo rent supports operations. 49% in year one. Equity gained on principal adds $7,021/yr, and five-year appreciation sums $300,594 alongside rental yield of 4.49%. Five-year ROI measures 62.54% and total cumulative return in cash totals $220,460. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,071/mo property income versus a $5,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
2.89 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivonne Ponce • Ponce Realty of New Mexico
Mls Name: SFARMLS
Mls ID: #202404160