3654 Paragon StLas 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 3654 Paragon St, Las Cruces, NM, 88012 offers $3,007/mo rent that, after a $1,901/mo payment, leaves $727/mo cash flow. Total monthly income is $3,007/mo, and annual cash flow is $8,729/yr on $128,721 cash. Return on cash invested measures 26.69% in year one, and rental yield stands at 9.29% at a $388,300 entry. Equity gained on principal adds $2,506/yr while 5% annual appreciation compounds into $107,280 by year five. Five-year ROI records 138.8% and total cumulative return in cash reaches $178,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,007/mo property income versus a $1,901/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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: N/A • N/A
Mls Name: French Brothers
Mls Provider:
Mls ID: #N/A