4050 Santa Elena PlLas CrucesNM88005
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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 4050 Santa Elena Pl, Las Cruces, NM, 88005 with 5% annual appreciation on a $668,200 basis while $1,914/mo rent supports operations. 1% in year one. Equity gained on principal adds $4,312/yr, and five-year appreciation sums $184,611 alongside rental yield of 3.44%. Five-year ROI measures 44.41% and total cumulative return in cash totals $97,624. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $3,271/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,062 (57.9%) |
| Renter Occupied HU | 4,000 (32.8%) |
| Vacant Housing Units | 1,128 ( 9.3%) |
| Median Home Value | $251,488 |
| Average Home Value | $293,529 |
Housing Distribution
Address Breakdown
Residential
11,207
Single Family
11,052
Multi-Family
155
Businesses
1,006
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #2501450