1186 Hoagland RdLas 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 1186 Hoagland Rd, Las Cruces, NM, 88005 with 5% annual appreciation on a $212,000 basis while $1,435/mo rent supports operations. Total monthly income totals $1,435/mo and a $1,038/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,284/yr on $70,278 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $1,368/yr, and five-year appreciation sums $58,572 alongside rental yield of 8.12%. Five-year ROI measures 119.89% and total cumulative return in cash totals $84,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,435/mo property income versus a $1,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1991
4,791 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: Cynthia Ann Bennett • The Real Estate Firm
Mls Name: SNMMLS
Mls ID: #2503933