2518 Scenic Crest LoopLas CrucesNM88011
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
Investment property for sale in Las Cruces at 2518 Scenic Crest Loop, Las Cruces, NM, 88011 offers a 9.08% rental yield on a $330,000 purchase with $2,496/mo rent. Total monthly income registers $2,496/mo, and a $1,615/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,711/yr on $109,395 to close, and return on cash invested stands at 26.04% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,173 over five years. Portfolio math shows five-year ROI at 135.34% and total cumulative return in cash at $148,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,496/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
7,840 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 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irma Chavez-May • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2502965