1554 Pelicano TrlLas CrucesNM88012
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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
Rental property for sale in Las Cruces at 1554 Pelicano Trl, Las Cruces, NM, 88012 priced at $180,500 pairs $1,756/mo rent with $697/mo cash flow after a $883/mo payment. Total monthly income equals $1,756/mo, and annual cash flow comes to $8,364/yr on $59,836 invested. Return on cash invested is 33.89% in year one, and rental yield stands at 11.67% on a $180,500 basis. Equity gained on principal adds $1,165/yr, and 5% annual appreciation accumulates to $49,869 by year five. Five-year ROI measures 177.46% and total cumulative return in cash reaches $106,182. For financing, Ziffy Mortgage’s DSCR program evaluates $1,756/mo property income against a $883/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88012, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,107 (100%) |
| Owner Occupied HU | 10,562 (74.9%) |
| Renter Occupied HU | 2,769 (19.6%) |
| Vacant Housing Units | 776 ( 5.5%) |
| Median Home Value | $246,284 |
| Average Home Value | $267,127 |
Housing Distribution
Address Breakdown
Residential
13,468
Single Family
12,907
Multi-Family
561
Businesses
126
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Listed by: N/A • N/A
Mls Name: Exit Realty
Mls Provider:
Mls ID: #2402048