390 Macleod RdLas CrucesNM88001
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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 390 Macleod Rd, Las Cruces, NM, 88001 at $259,000 posts ROI 26.9% with $500/mo cash flow from $2,021/mo rent. Total monthly income equals $2,021/mo, and annual cash flow records $6,006/yr on $85,859 to close. Return on cash invested measures 26.9% and rental yield reads 9.36% at the current $259,000. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 by year five. Five-year ROI prints 139.96% and total cumulative return in cash totals $120,172.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,021/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
6,098 sqft 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 |
Housing Distribution
Address Breakdown
Residential
14,579
Single Family
13,463
Multi-Family
1,116
Businesses
1,301
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Listed by: Christina Melendrez • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2502817