240 Townsend TerLas 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
Investment property for sale in Las Cruces at 240 Townsend Ter, Las Cruces, NM, 88005 with 5% annual appreciation on a $289,500 basis while $2,236/mo rent supports operations. Total monthly income totals $2,236/mo and a $1,417/mo payment preserves $537/mo for cash returns. Annual cash flow comes to $6,441/yr on $95,969 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $1,868/yr, and five-year appreciation sums $79,984 alongside rental yield of 9.27%. Five-year ROI measures 138.41% and total cumulative return in cash totals $132,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,236/mo property income versus a $1,417/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
10,454 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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Listed by: Melissa Palomares • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2503935