The Frida Plan, Mil Colores at FiestaLos 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 The Frida Plan, Mil Colores at Fiesta, Los Lunas, NM, 87031 priced at $342,980 pairs $2,429/mo rent with $416/mo cash flow after a $1,679/mo payment. Total monthly income equals $2,429/mo, and annual cash flow comes to $4,987/yr on $113,698 invested. Return on cash invested is 24.3% in year one, and rental yield stands at 8.5% on a $342,980 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,759 by year five. Five-year ROI measures 125.95% and total cumulative return in cash reaches $143,202. For financing, Ziffy Mortgage’s DSCR program evaluates $2,429/mo property income against a $1,679/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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
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Listed by: N/A • Abrazo Homes
Mls Name: Abrazo Homes
Mls ID: #N/A