4111 Elks DrLas CrucesNM88005
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
Investment property for sale in Las Cruces at 4111 Elks Dr, Las Cruces, NM, 88005 listed at $200,000 pairs $1,718/mo rent with a $979/mo payment to leave $544/mo cash flow. Total monthly income runs $1,718/mo, and annual cash flow reaches $6,528/yr on $66,300 cash to close. Return on cash invested measures 29.76% in year one, and rental yield registers 10.31% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 155.2% and total cumulative return in cash totals $102,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,718/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1984
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tania Alday • EXP Realty LLC -Las Cruces
Mls Name: SNMMLS
Mls ID: #2600219