2091 Meteor Dr, Las Cruces, NM, 88012 | $196/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 2091 Meteor Dr, Las Cruces, NM, 88012 listed at $359,000 pairs $2,303/mo rent with a $1,757/mo payment to leave $196/mo cash flow. Total monthly income runs $2,303/mo, and annual cash flow reaches $2,352/yr on $119,009 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 7.7% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 113.01% and total cumulative return in cash totals $134,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,303/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2026

5,227 sqft 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