300 Moon St SE #14 · Albuquerque, NM 87123

$100,000

3 bd · 2.0 ba · 850 sqft · Manufactured · 22 Days on market

Built 2023 Good condition

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.2/30.0
• DSCR +8.3/10.0
• ARV discount +7.5/15.0
• 1% rule +6.6/10.0
• Schools +5.3/10.0
• Condition / age +4.0/5.0
• Livability +3.6/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Like-new 2023 Champion manufactured home in CJ Mobile Home Park! This 3-bedroom, 2-bathroom single-wide offers 850 sq ft of modern, low-maintenance living. The open-concept floor plan features durable laminate flooring, a functional kitchen with newer Whirlpool appliances, and a comfortable living area. Washer and dryer are included for added convenience. The private primary suite includes its own bath, while two additional bedrooms provide space for guests, a home office, or hobbies. Outside, enjoy parking for 2-3 vehicles. Built in 2023, this home offers the benefits of newer construction and updated systems. Current lot lease is $575/month and includes trash service. Move in ready and pe

Key facts

• Functional kitchen
• Built 2023
• Listed 22 days

Tags

• OPEN-CONCEPT FLOOR PLAN
• DURABLE LAMINATE FLOORING
• FUNCTIONAL KITCHEN
• NEWER WHIRLPOOL APPLIANCES
• PRIVATE PRIMARY SUITE
• PARKING FOR 2-3 VEHICLES

Property features AI

Finance

• Other: Zoning: R-MC*
• Financial info: Monthly land lease: $575
• HOA & community: Has land lease

Exterior

• Utilities: Electricity connected; Natural gas connected; Public water; Public sewer
• Home design: Single-wide mobile home; 1 story; Faces east; Resale
• Construction: Vinyl siding; Shingle roof; Pillar/post/pier foundation; Built by Champion (model CHPR-1656H32P05)
• Exterior features: Patio; City street frontage; Paved road access

Interior

• Kitchen: Dishwasher; Free-standing gas range; Refrigerator
• Bedrooms: Main-level primary bedroom
• Flooring: Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (forced air); Window cooling unit(s)
• Interior features: Double-pane, insulated windows; Ceiling fan(s); Main-level primary bedroom; Tub/shower combo
• Laundry & utility: Washer; Dryer; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $100k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $225 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 3.6% in Albuquerque — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#13 in NM) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F.
• Albuquerque Public Schools (urban): math 51% / reading 75% proficiency, ranked #3 of 29 in NM (top 10%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Sandia Base Elementary (349 students, 30% FRL); Van Buren Middle (398 students, 100% FRL); Highland High (math 30% / reading 70%, grade D+, #36 of 110 statewide, top 45%, 1,152 students, 100% FRL) — zoned schools average 77% FRL vs 60% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 50% at this address vs 63% district-wide (-13 pts) — the specific schools serving this property underperform the Albuquerque Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-2.1%/yr); 210 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,316 units permitted in Bernalillo County in 2024 (546 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.

Recommended offer $98,500 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.16% ✓
• Cap rate: 8.99%
• Cash-on-cash: 9.62%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.81×
• Total profit: $-5,284
• Equity at exit: $14,910

10-year hold

• IRR: 0.4%
• Equity multiple: 1.03×
• Total profit: $757
• Equity at exit: $8,646

Cash invested: $28,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State New Mexico: 55 Moderately Landlord-Leaning · D+3
• County: — inherits STATE
• City: — inherits STATE

3-day notice but with cure rights; relocation assistance in some cities.

Methodology + full state rankings →

ZIP-level market 87123

• Rents YoY: -2.1%
• Active inventory: 210
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,159 high
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,500/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$243
• Net cashflow: $225

Break-even live

Break-even rent $875

Max offer price $100,000

Occupancy floor 76%

Sensitivity live

Price	-10% $294	-5% $259	+0% $225	+5% $190	+10% $155
Rent	-10% $133	-5% $179	+0% $225	+5% $270	+10% $316
Rate	-1.0pp $275	-0.5pp $250	base $225	+0.5pp $199	+1.0pp $172

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
105 General Arnold St NE Apt B Albuquerque, NM	2.0	1.0	850	$950	$1.12	45d	1	0.49mi
132 General Arnold St NE Apt D Albuquerque, NM	2.0	1.0	1000	$1,000	$1.00	16d	1	0.50mi
117 General Arnold St NE Apt C Albuquerque, NM	2.0	1.0	825	$1,075	$1.30	45d	1	0.50mi
117 General Arnold St NE Unit A Albuquerque, NM	2.0	1.0	850	$895	$1.05	25d	1	0.50mi
148 General Arnold St NE Apt 5 Albuquerque, NM	2.0	1.0	1000	$800	$0.80	16d	1	0.53mi
701 Stephen Moody St SE Albuquerque, NM	1.0–2.0	1.0–2.0	814	$1,715	$2.11	4d	10	0.79mi
308 Virginia St NE Unit D Albuquerque, NM	2.0	1.0	700	$850	$1.21	25d	1	0.87mi
500 Tennessee St SE Albuquerque, NM	2.0	1.0	950	$900	$0.95	4d	1	0.93mi
324 Vermont St NE Unit 2 Albuquerque, NM	2.0	1.0	700	$995	$1.42	45d	1	0.94mi
420 Rhode Island St SE Albuquerque, NM	2.0	1.0	916	$1,150	$1.26	4d	1	0.96mi
422 Rhode Island St SE Albuquerque, NM	2.0	1.0	949	$1,100	$1.16	45d	1	0.96mi
410 Virginia St NE Unit 3 Albuquerque, NM	2.0	1.0	620	$904	$1.46	45d	1	0.96mi
134 Rhode Island St SE Albuquerque, NM	2.0	1.0	765	$900	$1.18	45d	1	0.98mi
134 Rhode Island St SE Apt A Albuquerque, NM	2.0	1.0	765	$900	$1.18	25d	1	0.98mi
209 Texas St NE Unit 209B Albuquerque, NM	2.0	1.0	700	$950	$1.36	45d	1	0.98mi
9125 Copper Ave NE Albuquerque, NM	2.0	1.0–2.0	850	$1,524	$1.79	4d	10	0.99mi
209 Texas St NE Albuquerque, NM	2.0	1.0	720	$1,200	$1.67	45d	1	0.99mi
328 Utah St NE Apt A Albuquerque, NM	2.0	1.0	700	$900	$1.29	4d	1	1.00mi
508 Pennsylvania St SE Unit 1 Albuquerque, NM	2.0	1.0	756	$1,100	$1.46	45d	1	1.03mi
507 Wisconsin St NE Apt 2B Albuquerque, NM	2.0	1.0	1000	$750	$0.75	25d	1	1.03mi
513 Wisconsin St NE Apt 1A Albuquerque, NM	2.0	1.0	1085	$1,577	$1.45	45d	1	1.04mi
8200 Copper Ave NE Unit A Albuquerque, NM	2.0	1.0	735	$1,149	$1.56	4d	1	1.07mi
517 Ida Pl NE Albuquerque, NM	3.0	1.5	1058	$2,000	$1.89	22d	1	1.09mi
419 Dallas St SE Unit A Albuquerque, NM	2.0	1.0	780	$1,149	$1.47	4d	1	1.10mi
423 Dallas St SE Unit A Albuquerque, NM	2.0	1.0	780	$1,149	$1.47	4d	1	1.10mi
600 Morris St NE Albuquerque, NM	1.0–2.0	1.0	625	$1,149	$1.84	4d	1	1.10mi
312 Charleston St SE Unit 3 Albuquerque, NM	2.0	1.0	800	$920	$1.15	46d	1	1.13mi
328 Rhode Island St NE Unit 5 Albuquerque, NM	3.0	1.0	950	$1,230	$1.29	45d	1	1.15mi
328 Rhode Island St NE Unit 1 Albuquerque, NM	3.0	1.0	950	$1,230	$1.29	4d	1	1.15mi
217 Pennsylvania St NE Unit 217-E Albuquerque, NM	2.0	1.0	800	$950	$1.19	25d	1	1.15mi
217 Pennsylvania St NE Unit 217-A Albuquerque, NM	2.0	1.0	800	$950	$1.19	45d	1	1.15mi
445 Charleston St SE Unit D Albuquerque, NM	3.0	1.0	1000	$1,350	$1.35	25d	1	1.16mi
316 Pennsylvania St NE Unit 320 Pennsylvania -1 Albuquerque, NM	2.0	1.0	900	$900	$1.00	4d	1	1.18mi
425 Tennessee St NE Albuquerque, NM	2.0	1.0	730	$825	$1.13	45d	1	1.19mi
8401 Marquette Ave NE Unit C Albuquerque, NM	2.0	1.0	850	$900	$1.06	45d	1	1.20mi
8401 Marquette Ave NE Unit B Albuquerque, NM	2.0	1.0	850	$850	$1.00	25d	1	1.20mi
8313 Marquette Ave NE Unit D Albuquerque, NM	2.0	1.0	855	$1,050	$1.23	20d	1	1.21mi
340 Pennsylvania St NE Unit C Albuquerque, NM	2.0	1.0	700	$900	$1.29	45d	1	1.22mi
428 Rhode Island St NE Unit A Albuquerque, NM	2.0	1.0	750	$1,331	$1.77	45d	1	1.22mi
8000 Grand Ave NE Unit C Albuquerque, NM	2.0	1.0	900	$950	$1.06	4d	1	1.24mi

Listing history 14 events

1. 2026-06-22
   days on market $100,000 Active 22 DOM
2. 2026-06-18
   days on market $100,000 Active 19 DOM
3. 2026-06-17
   days on market $100,000 Active 18 DOM
4. 2026-06-16
   days on market $100,000 Active 17 DOM
5. 2026-06-15
   days on market $100,000 Active 16 DOM
6. 2026-06-13
   pricedays on market $100,000 Active 14 DOM
7. 2026-06-10
   days on market $105,000 Active 11 DOM
8. 2026-06-09
   days on market $105,000 Active 10 DOM
9. 2026-06-08
   days on market $105,000 Active 9 DOM
10. 2026-06-07
    days on market $105,000 Active 8 DOM
11. 2026-06-05
    days on market $105,000 Active 5 DOM
12. 2026-06-03
    days on market $105,000 Active 4 DOM
13. 2026-06-02
    days on market $105,000 Active 3 DOM
14. 2026-06-01
    days on market $105,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 5 d/yr ≥94°F today · 12 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,908
• − Mortgage interest: −$5,602
• − Property taxes: −$1,500
• − Insurance: −$500
• − Repairs & maintenance: −$1,113
• − Management: −$1,113
• − Depreciation: −$2,909
• Taxable income: $1,172
• Est. tax owed @ 24.0%: −$281
• After-tax cash flow: $2,413/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This 2023 Champion manufactured home in CJ Mobile Home Park is move-in ready with modern features and low-maintenance living.

Value-add opportunities

• Both Paint exterior siding — Enhances curb appeal and value
• Both Replace window blinds — Improves energy efficiency and aesthetics
• Both Install new flooring in bathrooms — Enhances functionality and value

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior siding — Enhances curb appeal and value ↑
• Both Replace window blinds — Improves energy efficiency and aesthetics ↑
• Both Install new flooring in bathrooms — Enhances functionality and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Albuquerque Public Schools
• NCES district ID: 3500060
• Math proficiency: 51% ▲ 30.00%
• Reading proficiency: 75% ▲ 45.00%
• Median HH income: $48,151
• Composite: 53.29/100
• National rank: #1487
• State rank: #3 of 29 in NM

Livability — Albuquerque

• Score: 72/100
• State rank: #13
• US rank: #6219

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment C Housing A+ Health & safety B+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Albuquerque, NM
• County: Bernalillo County · 647,165 people
• City population: 647,165
• Metro: Albuquerque, NM
• Population (ZIP): 42,252
• Household income: $64,359
• Rent vs Own: 33.0% rent · 67.0% own
• Severe rent burden: 1657.0

Population outlook (Bernalillo County) Hauer SSP2

• Today (2025): 704,528 people
• By 2030: 711,723 · +1.0%
• By 2040: 714,522 · +1.4%
• By 2050: 709,274 · +0.7%
• By 2075: 680,015 · -3.5%
• By 2100: 619,879 · -12.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 44% White 40% Two or more races 18% Native American 6% Asian 5% Black 2%
• Hispanic origin (detail): Mexican 28%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 71% English-only · Spanish 22% Vietnamese 2%

Political lean MEDSL · Bernalillo

• 2024 margin: Strong D (+21.0) · D 59.2% · R 38.2% · Other 2.6%
• 2008→2024 swing: -0.3pp no change · 2008: 21.4pp · 2024: 21.0pp
• All cycles: 2024: D+21.0 2020: D+24.4 2016: D+17.8 2012: D+16.2 2008: D+21.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -231.76%
• Current HPI: 233.3553
• Rent YoY: ▼ -2.10%
• Metro: Albuquerque, NM
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-05-16 Listed $105,000 Southwest MLS