2720 Calle Tercera, Las Cruces, NM, 88046 | 5.64% Rental Yield

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 2720 Calle Tercera, Las Cruces, NM, 88046 generates $1,692/mo in rent, after a $1,762/mo payment. Total monthly income is $1,692/mo. Return on cash invested sits at 15.68% in year one, and rental yield is 5.64% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 79.72% and total cumulative return in cash sums $95,133. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,692/mo property income rather than buyer’s personal income.

Single Family

Built in 1922

5,227 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