1232 Mission Nuevo Dr APT CLas CrucesNM88011
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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 1232 Mission Nuevo Dr APT C, Las Cruces, NM, 88011 with 5% annual appreciation on a $281,800 basis while $2,257/mo rent supports operations. Total monthly income totals $2,257/mo and a $1,379/mo payment preserves $603/mo for cash returns. Annual cash flow comes to $7,239/yr on $93,417 deployed, and return on cash invested reaches 27.66% in year one. Equity gained on principal adds $1,818/yr, and five-year appreciation sums $77,856 alongside rental yield of 9.61%. Five-year ROI measures 144.01% and total cumulative return in cash totals $134,530.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,257/mo property income versus a $1,379/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,449 (100%) |
| Owner Occupied HU | 9,437 (57.4%) |
| Renter Occupied HU | 5,793 (35.2%) |
| Vacant Housing Units | 1,219 ( 7.4%) |
| Median Home Value | $350,120 |
| Average Home Value | $396,254 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A