2425 Calle De SantiagoLas CrucesNM88046
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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 2425 Calle De Santiago, Las Cruces, NM, 88046 generates $0/mo in rent, after a $2,641/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.35% in year one, and rental yield is 0% on a $539,500 entry. Equity gained on principal adds $3,481/yr, while 5% annual appreciation builds toward $149,054 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88046, Mesilla, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 227 (56.2%) |
| Renter Occupied HU | 131 (32.4%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $370,482 |
| Average Home Value | $438,139 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
101
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Vincent Bufanio • BHGRE Steinborn & Associates
Mls Name: SNMMLS
Mls ID: #2502262
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.