1095 Van Patten AveLas CrucesNM88005
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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 Las Cruces at 1095 Van Patten Ave, Las Cruces, NM, 88005 offers a 10.21% rental yield on a $138,500 purchase with $1,178/mo rent. Total monthly income registers $1,178/mo, and a $678/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,380/yr on $45,913 to close, and return on cash invested stands at 29.45% in year one. Equity gained on principal adds $894/yr while 5% annual appreciation supports $38,265 over five years. Portfolio math shows five-year ROI at 153.57% and total cumulative return in cash at $70,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,062 (57.9%) |
| Renter Occupied HU | 4,000 (32.8%) |
| Vacant Housing Units | 1,128 ( 9.3%) |
| Median Home Value | $251,488 |
| Average Home Value | $293,529 |
Housing Distribution
Address Breakdown
Residential
11,207
Single Family
11,052
Multi-Family
155
Businesses
1,006
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Listed by: Robert D Cummins • A High Desert Re Investment Lc
Mls Name: SNMMLS
Mls ID: #2502348
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.