29 Las Casitas, Las Cruces, NM, 88007 | 7.04% 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

Investment property for sale in Las Cruces at 29 Las Casitas, Las Cruces, NM, 88007 offers a 7.04% rental yield on a $305,000 purchase with $1,790/mo rent. 9% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 102.41% and total cumulative return in cash at $103,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,790/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1986

6,969 sqft lot

$N/A/sqft

No HOA