2617 El Camino RealLas CrucesNM88007
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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 2617 El Camino Real, Las Cruces, NM, 88007 uses $63,781 cash to close to unlock $3,857/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $942/mo payment keeps the spread at $321/mo. Purchase price stands at $192,400, and rental yield measures 9.05% with $1,451/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $53,157 over five years. Five-year ROI reaches 134.9% and total cumulative return in cash records $86,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Jaylen Garland • Garland Realty & Development
Mls Name: SNMMLS
Mls ID: #2501611
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.