3701 Stoneway RdLas CrucesNM88012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3701 Stoneway Rd, Las Cruces, NM, 88012 uses $78,731 cash to close to unlock $4,612/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $1,162/mo payment keeps the spread at $384/mo. Purchase price stands at $237,500, and rental yield measures 9.03% with $1,788/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 133.93% and total cumulative return in cash records $105,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Single Family
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica M Escamilla • Keller Williams Realty
Mls Name: SNMMLS
Mls ID: #2501367
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.