3889 Jericho StLas 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
Rental property for sale in Las Cruces at 3889 Jericho St, Las Cruces, NM, 88012 priced at $536,000 converts $3,236/mo rent into $90/mo cash flow after a $2,623/mo obligation. Total monthly income equals $3,236/mo, and annual cash flow totals $1,085/yr on $176,344 invested. Return on cash invested prints 20.68% in year one, and rental yield reads 7.24% against a $536,000 entry. Equity gained on principal adds $3,459/yr, while 5% annual appreciation compiles into $148,087 by year five. Five-year ROI reaches 106.5% and total cumulative return in cash sums $187,806. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,236/mo property income covering a $2,623/mo payment, not borrower’s personal income.
Single Family
Built in 2023
7,405 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: Denise May • Tuscan Valley Realty LLC
Mls Name: SNMMLS
Mls ID: #2501297
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.