1999 Meteor, Las Cruces, NM, 88012 | $539/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Las Cruces at 1999 Meteor, Las Cruces, NM, 88012 offers a 8.66% rental yield on a $398,875 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,952/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,469/yr on $132,227 to close, and return on cash invested stands at 24.8% in year one. Equity gained on principal adds $2,574/yr while 5% annual appreciation supports $110,202 over five years. Portfolio math shows five-year ROI at 128.69% and total cumulative return in cash at $170,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,952/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A 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