94 Avenida De La PazLamyNM87540
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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
Investment property for sale in Lamy at 94 Avenida De La Paz, Lamy, NM, 87540 with 5% annual appreciation on a $1,189,000 basis while $4,469/mo rent supports operations. 43% in year one. Equity gained on principal adds $7,672/yr, and five-year appreciation sums $328,499 alongside rental yield of 4.51%. Five-year ROI measures 62.28% and total cumulative return in cash totals $239,906. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,469/mo property income versus a $5,820/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
3.64 Acres lot
$N/A/sqft
$450 annually 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: Maria E. Borden • Maria Borden Concierge RE, LLC
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202402295
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