2976 Ancho AveLas 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 2976 Ancho Ave, Las Cruces, NM, 88007 uses $80,389 cash to close to unlock $5,196/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,912/mo, and a $1,187/mo payment keeps the spread at $433/mo. Purchase price stands at $242,500, and rental yield measures 9.46% with $1,912/mo rent. Return on cash invested shows 26.37% in year one, and 5% annual appreciation builds toward $66,998 over five years. Five-year ROI reaches 137.37% and total cumulative return in cash records $110,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,912/mo property income covering a $1,187/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Manuel Veleta • Veleta Real Estate
Mls Name: SNMMLS
Mls ID: #2501475
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.