1479 Parker 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 1479 Parker Rd, Las Cruces, NM, 88005 listed at $174,500 pairs $1,403/mo rent with a $854/mo payment to leave $379/mo cash flow. Total monthly income runs $1,403/mo, and annual cash flow reaches $4,546/yr on $57,847 cash to close. Return on cash invested measures 27.77% in year one, and rental yield registers 9.65% at a $174,500 basis. Equity gained on principal adds $1,126/yr, and annual property appreciation at 5% supports $48,211 by year five. Five-year ROI tracks 144.58% and total cumulative return in cash totals $83,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,403/mo property income relative to a $854/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
6,534 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: Jeffrey S Stevens • Berkshire Hathaway Homeservices - NM Properties
Mls Name: SNMMLS
Mls ID: #2502925
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.