3625 SpinghavenLas 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
Investment property for sale in Las Cruces at 3625 Spinghaven, Las Cruces, NM, 88012 listed at $462,400 pairs $2,880/mo rent with a $2,263/mo payment to leave $166/mo cash flow. Total monthly income runs $2,880/mo, and annual cash flow reaches $1,994/yr on $153,286 cash to close. Return on cash invested measures 21.21% in year one, and rental yield registers 7.47% at a $462,400 basis. Equity gained on principal adds $2,984/yr, and annual property appreciation at 5% supports $127,753 by year five. Five-year ROI tracks 109.42% and total cumulative return in cash totals $167,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,880/mo property income relative to a $2,263/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,840 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: Lorena Torres • JPAR
Mls Name: GEPAR
Mls ID: #932577