2054 CortabellaLas 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 2054 Cortabella, Las Cruces, NM, 88005 priced at $980,000 pairs $2,770/mo rent with after a $4,797/mo payment. Total monthly income equals $2,770/mo. Return on cash invested is 8.96% in year one, and rental yield stands at 3.39% on a $980,000 basis. Equity gained on principal adds $6,324/yr, and 5% annual appreciation accumulates to $270,756 by year five. Five-year ROI measures 43.67% and total cumulative return in cash reaches $140,808. For financing, Ziffy Mortgage’s DSCR program evaluates $2,770/mo property income against a $4,797/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.27 Acres 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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Listed by: N/A • N/A
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