2458 Conchas Ln, Las Cruces, NM, 88011 | $276/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

Rental property for sale in Las Cruces at 2458 Conchas Ln, Las Cruces, NM, 88011 offers $2,706/mo rent that, after a $2,026/mo payment, leaves $276/mo cash flow. Total monthly income is $2,706/mo, and annual cash flow is $3,316/yr on $137,241 cash. Return on cash invested measures 22.33% in year one, and rental yield stands at 7.84% at a $414,000 entry. Equity gained on principal adds $2,671/yr while 5% annual appreciation compounds into $114,381 by year five. Five-year ROI records 115.4% and total cumulative return in cash reaches $158,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,706/mo property income versus a $2,026/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

871.20 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,449 (100%)
Owner Occupied HU	9,437 (57.4%)
Renter Occupied HU	5,793 (35.2%)
Vacant Housing Units	1,219 ( 7.4%)
Median Home Value	$350,120
Average Home Value	$396,254