3031 San Lorenzo 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
Rental property for sale in Las Cruces at 3031 San Lorenzo Ave, Las Cruces, NM, 88007 generates $2,252/mo in rent and, after a $1,358/mo payment, leaves $587/mo in cash flow. Total monthly income is $2,252/mo, and annual cash flow is $7,043/yr on $91,991 invested. Return on cash invested sits at 27.56% in year one, and rental yield is 9.74% on a $277,500 entry. Equity gained on principal adds $1,791/yr, while 5% annual appreciation builds toward $76,668 over five years. Five-year ROI reaches 143.64% and total cumulative return in cash sums $132,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,252/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Emily Silverman • BHGRE Steinborn & Associates
Mls Name: SNMMLS
Mls ID: #2501396
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.