3997 Purple Sage DrLas CrucesNM88011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3997 Purple Sage Dr, Las Cruces, NM, 88011 priced at $454,500 pairs $2,936/mo rent with $268/mo cash flow after a $2,225/mo payment. Total monthly income equals $2,936/mo, and annual cash flow comes to $3,214/yr on $150,667 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 7.75% on a $454,500 basis. Equity gained on principal adds $2,933/yr, and 5% annual appreciation accumulates to $125,570 by year five. Five-year ROI measures 113.86% and total cumulative return in cash reaches $171,543. For financing, Ziffy Mortgage’s DSCR program evaluates $2,936/mo property income against a $2,225/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,449 (100%) |
| Owner Occupied HU | 9,437 (57.4%) |
| Renter Occupied HU | 5,793 (35.2%) |
| Vacant Housing Units | 1,219 ( 7.4%) |
| Median Home Value | $350,120 |
| Average Home Value | $396,254 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Hakes Brothers
Mls Provider:
Mls ID: #N/A