427 Bason DrLas CrucesNM88005
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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 427 Bason Dr, Las Cruces, NM, 88005 at $324,600 posts ROI 25.55% with $506/mo cash flow from $2,417/mo rent. Total monthly income equals $2,417/mo, and annual cash flow records $6,070/yr on $107,605 to close. Return on cash invested measures 25.55% and rental yield reads 8.94% at the current $324,600. Equity gained on principal adds $2,095/yr, and 5% annual appreciation supports $89,681 by year five. Five-year ROI prints 132.7% and total cumulative return in cash totals $142,795.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,417/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
N/A 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: BHHS broker feed
Mls ID: #2402664