3668 Springhaven LoopLas 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 3668 Springhaven Loop, Las Cruces, NM, 88012 offers a 8.06% rental yield on a $445,700 purchase with $2,995/mo rent. Total monthly income registers $2,995/mo, and a $2,181/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,553/yr on $147,750 to close, and return on cash invested stands at 22.99% in year one. Equity gained on principal adds $2,876/yr while 5% annual appreciation supports $123,139 over five years. Portfolio math shows five-year ROI at 118.96% and total cumulative return in cash at $175,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,995/mo property income against a $2,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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