424 Apple View PlLas CrucesNM88007
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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 424 Apple View Pl, Las Cruces, NM, 88007 uses $67,626 cash to close to unlock $2,905/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $998/mo payment keeps the spread at $242/mo. Purchase price stands at $204,000, and rental yield measures 8.46% with $1,439/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 125.5% and total cumulative return in cash records $84,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $998/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
0.50 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cynthia Ann Bennett • The Real Estate Firm
Mls Name: SNMMLS
Mls ID: #2500645
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.