882 Camino Los AbuelosLamyNM87540
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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 882 Camino Los Abuelos, Lamy, NM, 87540 priced at $1,699,000 converts $6,000/mo rent into after a $8,316/mo obligation. Total monthly income equals $6,000/mo. Return on cash invested prints 11.71% in year one, and rental yield reads 4.24% against a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation compiles into $469,402 by year five. Five-year ROI reaches 58.35% and total cumulative return in cash sums $321,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $8,316/mo payment, not borrower’s personal income.
Single Family
Built in 1980
10 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: Susan Kelly • Corcoran Plaza Properties
Mls Name: SFARMLS
Mls ID: #202504628