3305 Oak St, Las Cruces, NM, 88005 | 5.54% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
- sft

80 Tres Caballos #2, Mesquite, NM, 88048

1 Bed
1 Bath
1188 sft

16235 Highway 28, La Mesa, NM, 88044

1 Bed
1 Bath
493 sft

1480 N Mesquite St, Las Cruces, NM, 88001

Investment Property+ 1 more

2 Bed
1 Bath
1024 sft

1491 E Alamo St #E, Las Cruces, NM, 88001

Nearby investment properties with comparable prices

3 Bed
2 Bath
1444 sft

4770 Country Pl, Las Cruces, NM, 88007

2 Bed
1 Bath
806 sft

2201 Calle De Suenos, Las Cruces, NM, 88001

- Bed
- Bath
- sft

5476 Beehive Ln, Las Cruces, NM, 88012

3 Bed
1 Bath
1644 sft

9618 Butterfield Blvd, Las Cruces, NM, 88011

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $877/mo, and a $930/mo payment. Purchase price stands at $190,000, and rental yield measures 5.54% with $877/mo rent. Return on cash invested shows 15.37% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 78.08% and total cumulative return in cash records $49,176. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $877/mo property income covering a $930/mo payment rather than investor’s personal income.

Multi Family

Built in 1940

10,018 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,190 (100%)
Owner Occupied HU	7,062 (57.9%)
Renter Occupied HU	4,000 (32.8%)
Vacant Housing Units	1,128 ( 9.3%)
Median Home Value	$251,488
Average Home Value	$293,529