2970 Meriwether St, Las Cruces, NM, 88007 | $403/mo Cash Flow

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 2970 Meriwether St, Las Cruces, NM, 88007 uses $102,434 cash to close to unlock $4,833/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $2,216/mo, and a $1,512/mo payment keeps the spread at $403/mo. Purchase price stands at $309,000, and rental yield measures 8.61% with $2,216/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash records $130,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,216/mo property income covering a $1,512/mo payment rather than investor’s personal income.

Single Family

Built in 2020

5,227 sqft lot

$N/A/sqft

No HOA