4626 Elsinore AveLas CrucesNM88012
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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 4626 Elsinore Ave, Las Cruces, NM, 88012 uses $66,901 cash to close to unlock $12,894/yr annual cash flow and $1,075/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $988/mo payment keeps the spread at $1,075/mo. Purchase price stands at $201,813, and rental yield measures 13.79% with $2,320/mo rent. Return on cash invested shows 39.18% in year one, and 5% annual appreciation builds toward $55,757 over five years. Five-year ROI reaches 206.19% and total cumulative return in cash records $137,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $988/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88012, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,107 (100%) |
| Owner Occupied HU | 10,562 (74.9%) |
| Renter Occupied HU | 2,769 (19.6%) |
| Vacant Housing Units | 776 ( 5.5%) |
| Median Home Value | $246,284 |
| Average Home Value | $267,127 |
Housing Distribution
Address Breakdown
Residential
13,468
Single Family
12,907
Multi-Family
561
Businesses
126
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