1801 Foster RdLas 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 1801 Foster Rd, Las Cruces, NM, 88001 listed at $228,900 pairs $1,795/mo rent with a $1,120/mo payment to leave $452/mo cash flow. Total monthly income runs $1,795/mo, and annual cash flow reaches $5,422/yr on $75,880 cash to close. Return on cash invested measures 27.05% in year one, and rental yield registers 9.41% at a $228,900 basis. Equity gained on principal adds $1,477/yr, and annual property appreciation at 5% supports $63,241 by year five. Five-year ROI tracks 140.74% and total cumulative return in cash totals $106,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,795/mo property income relative to a $1,120/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,969 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: Pamela G Moralde • Prosper Real Estate
Mls Name: SNMMLS
Mls ID: #2402592
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.