1764 Boulders DrLas 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
Rental property for sale in Las Cruces at 1764 Boulders Dr, Las Cruces, NM, 88011 priced at $399,000 converts $2,114/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,114/mo. Return on cash invested prints 16.02% in year one, and rental yield reads 6.36% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 82.25% and total cumulative return in cash sums $108,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,114/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,534 sqft lot
$N/A/sqft
$170 monthly 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: Arlene M Ehly • BHGRE Steinborn & Associates
Mls Name: SNMMLS
Mls ID: #2500822
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.