3026 Los Arenales StLas CrucesNM88046
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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 3026 Los Arenales St, Las Cruces, NM, 88046 earns $219/mo cash flow from $2,284/mo rent with a $1,708/mo payment. Total monthly income totals $2,284/mo, and annual cash flow totals $2,630/yr on $115,694 capital. ROI tracks 22.18% on current figures, and rental yield reads 7.85% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 114.71% and total cumulative return in cash sums $132,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,284/mo property income instead of your personal income.
Single Family
Built in 1971
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88046, Mesilla, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 227 (56.2%) |
| Renter Occupied HU | 131 (32.4%) |
| Vacant Housing Units | 46 (11.4%) |
| Median Home Value | $370,482 |
| Average Home Value | $438,139 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
101
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Listed by: Curtis O Hale • RE/MAX Classic Realty
Mls Name: SNMMLS
Mls ID: #2501550
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.