3622 Santa Sabina AveLas CrucesNM88012
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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
Rental property for sale in Las Cruces at 3622 Santa Sabina Ave, Las Cruces, NM, 88012 priced at $338,000 pairs $2,036/mo rent with $52/mo cash flow after a $1,654/mo payment. Total monthly income equals $2,036/mo, and annual cash flow comes to $629/yr on $112,047 invested. Return on cash invested is 20.47% in year one, and rental yield stands at 7.23% on a $338,000 basis. Equity gained on principal adds $2,181/yr, and 5% annual appreciation accumulates to $93,383 by year five. Five-year ROI measures 105.44% and total cumulative return in cash reaches $118,142. For financing, Ziffy Mortgage’s DSCR program evaluates $2,036/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88012, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,107 (100%) |
| Owner Occupied HU | 10,562 (74.9%) |
| Renter Occupied HU | 2,769 (19.6%) |
| Vacant Housing Units | 776 ( 5.5%) |
| Median Home Value | $246,284 |
| Average Home Value | $267,127 |
Housing Distribution
Address Breakdown
Residential
13,468
Single Family
12,907
Multi-Family
561
Businesses
126
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Listed by: Brenda S Figueroa • Berkshire Hathaway Homeservices - NM Properties
Mls Name: SNMMLS
Mls ID: #2501311
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.