3807 Agave DrCarlsbadNM88220
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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 Carlsbad at 3807 Agave Dr, Carlsbad, NM, 88220 at $421,860 posts ROI 19.25% with from $2,400/mo rent. Total monthly income equals $2,400/mo. Return on cash invested measures 19.25% and rental yield reads 6.83% at the current $421,860. Equity gained on principal adds $2,722/yr, and 5% annual appreciation supports $116,552 by year five. Five-year ROI prints 98.91% and total cumulative return in cash totals $138,327. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
64.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88220, Carlsbad, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,149 (100%) |
| Owner Occupied HU | 10,696 (58.9%) |
| Renter Occupied HU | 4,826 (26.6%) |
| Vacant Housing Units | 2,627 (14.5%) |
| Median Home Value | $222,689 |
| Average Home Value | $280,869 |
Housing Distribution
Address Breakdown
Residential
15,346
Single Family
14,191
Multi-Family
1,155
Businesses
1,140
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Listed by: Sheila Walterscheid • Re/Max Classic Realty - Las Cruces
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20252712
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.