89 San Francisco AveLos LunasNM87031
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 Los Lunas at 89 San Francisco Ave, Los Lunas, NM, 87031 priced at $280,000 converts $1,903/mo rent into $260/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,903/mo, and annual cash flow totals $3,120/yr on $92,820 invested. Return on cash invested prints 23.27% in year one, and rental yield reads 8.16% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 120.45% and total cumulative return in cash sums $111,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,903/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
1.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: New Mexico Home Group • Jason Mitchell RE NM
Mls Name: SWMLS
Mls Provider:
Mls ID: #1079754
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.