3217 Fairway Dr, Las Cruces, NM, 88011 | $69/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Las Cruces at 3217 Fairway Dr, Las Cruces, NM, 88011 generates $2,214/mo in rent and, after a $1,789/mo payment, leaves $69/mo in cash flow. Total monthly income is $2,214/mo, and annual cash flow is $824/yr on $121,163 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 7.27% on a $365,500 entry. Equity gained on principal adds $2,359/yr, while 5% annual appreciation builds toward $100,981 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash sums $128,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,214/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

10,454 sqft 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