2171 Foxtail Pine DrLas CrucesNM88012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2171 Foxtail Pine Dr, Las Cruces, NM, 88012 offers $1,640/mo rent that, after a $1,282/mo payment, leaves $103/mo cash flow. Total monthly income is $1,640/mo, and annual cash flow is $1,231/yr on $86,853 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 7.51% at a $262,000 entry. Equity gained on principal adds $1,691/yr while 5% annual appreciation compounds into $72,386 by year five. Five-year ROI records 110.03% and total cumulative return in cash reaches $95,565. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,640/mo property income versus a $1,282/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
4,356 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 |
Housing Distribution
Address Breakdown
Residential
13,468
Single Family
12,907
Multi-Family
561
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Wood • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2501065
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.