2898 San Elizario CtLas 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 2898 San Elizario Ct, Las Cruces, NM, 88007 uses $96,135 cash to close to unlock $9,651/yr annual cash flow and $804/mo monthly cash flow. Total monthly income runs $2,506/mo, and a $1,419/mo payment keeps the spread at $804/mo. Purchase price stands at $290,000, and rental yield measures 10.37% with $2,506/mo rent. Return on cash invested shows 29.95% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 156.28% and total cumulative return in cash records $150,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,506/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2015
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Atilana Herrera • RE/MAX Classic Realty
Mls Name: SNMMLS
Mls ID: #2303312
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.