2846 Fountain Ave, Las Cruces, NM, 88007 | 6.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1657 sft

435 Salopek Blvd, Las Cruces, NM, 88001

Investment Property+ 1 more

- Bed
- Bath
1600 sft

416 Palm Ave #A-B, Las Cruces, NM, 88001

2 Bed
1 Bath
1497 sft

3387 Elkridge Ln, Las Cruces, NM, 88005

2 Bed
2 Bath
1632 sft

1345 Branson Ave APT 1C, Las Cruces, NM, 88001

Nearby investment properties with comparable prices

2 Bed
2 Bath
1256 sft

3038 Gladstone St, Las Cruces, NM, 88012

3 Bed
2 Bath
1506 sft

3101 Risner St, Las Cruces, NM, 88011

3 Bed
2 Bath
1242 sft

1113 Hatfield Rd, Las Cruces, NM, 88007

3 Bed
4 Bath
1809 sft

1700 Palo Verde Ave, Las Cruces, NM, 88001

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Las Cruces at 2846 Fountain Ave, Las Cruces, NM, 88007 offers a 6.3% rental yield on a $295,000 purchase with $1,549/mo rent. 67% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 90.43% and total cumulative return in cash at $88,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,549/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

5,227 sqft lot

$N/A/sqft

No HOA