9 Dos Hermanos CtLos 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 9 Dos Hermanos Ct, Los Lunas, NM, 87031 priced at $308,900 converts $2,274/mo rent into $439/mo cash flow after a $1,512/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $5,266/yr on $102,400 invested. Return on cash invested prints 25.05% in year one, and rental yield reads 8.83% against a $308,900 entry. Equity gained on principal adds $1,993/yr, while 5% annual appreciation compiles into $85,343 by year five. Five-year ROI reaches 130.09% and total cumulative return in cash sums $133,210. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 2018
4,356 sqft lot
$N/A/sqft
$22 monthly 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: Ralph M. Harvey • ListWithFreedom.com
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084188
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.