2021 Camelot DrLas CrucesNM88005
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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 2021 Camelot Dr, Las Cruces, NM, 88005 priced at $142,494 converts $2,191/mo rent into $1,312/mo cash flow after a $697/mo obligation. Total monthly income equals $2,191/mo, and annual cash flow totals $15,746/yr on $47,237 invested. Return on cash invested prints 53.24% in year one, and rental yield reads 18.45% against a $142,494 entry. Equity gained on principal adds $919/yr, while 5% annual appreciation compiles into $39,368 by year five. Five-year ROI reaches 281.66% and total cumulative return in cash sums $133,045. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,191/mo property income covering a $697/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
3,388 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,062 (57.9%) |
| Renter Occupied HU | 4,000 (32.8%) |
| Vacant Housing Units | 1,128 ( 9.3%) |
| Median Home Value | $251,488 |
| Average Home Value | $293,529 |
Housing Distribution
Address Breakdown
Residential
11,207
Single Family
11,052
Multi-Family
155
Businesses
1,006
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