274 Chamisa CtLas CrucesNM88011
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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 274 Chamisa Ct, Las Cruces, NM, 88011 at $284,500 posts ROI 29.21% with $731/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $8,767/yr on $94,312 to close. Return on cash invested measures 29.21% and rental yield reads 10.12% at the current $284,500. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 by year five. Five-year ROI prints 152.28% and total cumulative return in cash totals $143,621.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
8,712 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
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Listed by: Raul Tellez • Select Realty Group, LLC
Mls Name: SNMMLS
Mls ID: #2600221