3034 Doug Rains StLas CrucesNM88011
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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 3034 Doug Rains St, Las Cruces, NM, 88011 earns from $2,760/mo rent with a $2,340/mo payment. Total monthly income totals $2,760/mo. ROI tracks 19.56% on current figures, and rental yield reads 6.93% at a $478,000 purchase. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,063 over five years. Five-year ROI reaches 100.55% and total cumulative return in cash sums $159,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,449 (100%) |
| Owner Occupied HU | 9,437 (57.4%) |
| Renter Occupied HU | 5,793 (35.2%) |
| Vacant Housing Units | 1,219 ( 7.4%) |
| Median Home Value | $350,120 |
| Average Home Value | $396,254 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
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Listed by: Quayde A Bradford • Keller Williams Realty
Mls Name: SNMMLS
Mls ID: #2502019