1700 Palo Verde 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 1700 Palo Verde Ave, Las Cruces, NM, 88001 at $253,500 posts ROI 30.05% with $710/mo cash flow from $2,198/mo rent. Total monthly income equals $2,198/mo, and annual cash flow records $8,518/yr on $84,035 to close. Return on cash invested measures 30.05% and rental yield reads 10.4% at the current $253,500. Equity gained on principal adds $1,636/yr, and 5% annual appreciation supports $70,037 by year five. Five-year ROI prints 156.78% and total cumulative return in cash totals $131,753.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
8,276 sqft 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: N/A • N/A
Mls Name: Exit Realty
Mls Provider:
Mls ID: #2403068