3622 Paragon, Las Cruces, NM, 88011 | $311/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 3622 Paragon, Las Cruces, NM, 88011 priced at $355,940 converts $2,400/mo rent into $311/mo cash flow after a $1,742/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,732/yr on $117,994 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.09% against a $355,940 entry. Equity gained on principal adds $2,297/yr, while 5% annual appreciation compiles into $98,340 by year five. Five-year ROI reaches 119.37% and total cumulative return in cash sums $140,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,742/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A 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