3101 Risner StLas CrucesNM88011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3101 Risner St, Las Cruces, NM, 88011 at $251,800 posts ROI 28.54% with $600/mo cash flow from $2,078/mo rent. Total monthly income equals $2,078/mo, and annual cash flow records $7,206/yr on $83,472 to close. Return on cash invested measures 28.54% and rental yield reads 9.9% at the current $251,800. Equity gained on principal adds $1,625/yr, and 5% annual appreciation supports $69,568 by year five. Five-year ROI prints 148.75% and total cumulative return in cash totals $124,163.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,078/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1 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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