3859 Ringneck Dr, Las Cruces, NM, 88001 | $881/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Las Cruces at 3859 Ringneck Dr, Las Cruces, NM, 88001 listed at $311,000 pairs $2,706/mo rent with a $1,522/mo payment to leave $881/mo cash flow. Total monthly income runs $2,706/mo, and annual cash flow reaches $10,569/yr on $103,097 cash to close. Return on cash invested measures 30.16% in year one, and rental yield registers 10.44% at a $311,000 basis. Equity gained on principal adds $2,007/yr, and annual property appreciation at 5% supports $85,924 by year five. Five-year ROI tracks 157.4% and total cumulative return in cash totals $162,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,706/mo property income relative to a $1,522/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2011

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88001, Las Cruces, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,722 (100%)
Owner Occupied HU	6,558 (39.2%)
Renter Occupied HU	8,475 (50.7%)
Vacant Housing Units	1,689 (10.1%)
Median Home Value	$165,979
Average Home Value	$212,782