1630 Wyoming AveLas CrucesNM88001
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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 1630 Wyoming Ave, Las Cruces, NM, 88001 listed at $1,395,000 pairs $1,706/mo rent with a $6,828/mo payment. Total monthly income runs $1,706/mo. Return on cash invested measures 3.16% in year one, and rental yield registers 1.47% at a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and annual property appreciation at 5% supports $385,413 by year five. Five-year ROI tracks 12.5% and total cumulative return in cash totals $56,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $6,828/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1983
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88001, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,722 (100%) |
| Owner Occupied HU | 6,558 (39.2%) |
| Renter Occupied HU | 8,475 (50.7%) |
| Vacant Housing Units | 1,689 (10.1%) |
| Median Home Value | $165,979 |
| Average Home Value | $212,782 |
Housing Distribution
Address Breakdown
Residential
14,579
Single Family
13,463
Multi-Family
1,116
Businesses
1,301
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Listed by: Lauren Lay • Better Homes & Gardens Real Estate / Steinborn & Associates
Mls Name: New Mexico MLS
Mls ID: #20256030