3865 Ricker CtLas 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 3865 Ricker Ct, Las Cruces, NM, 88012 listed at $182,900 pairs $1,324/mo rent with a $895/mo payment to leave $251/mo cash flow. Total monthly income runs $1,324/mo, and annual cash flow reaches $3,008/yr on $60,631 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 8.69% at a $182,900 basis. Equity gained on principal adds $1,180/yr, and annual property appreciation at 5% supports $50,532 by year five. Five-year ROI tracks 129.03% and total cumulative return in cash totals $78,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,324/mo property income relative to a $895/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1996
2,178 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
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Listed by: Susan I Garza • Coldwell Banker Legacy Elite
Mls Name: SNMMLS
Mls ID: #2500984
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.