4640 Salado Creek StLas 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 4640 Salado Creek St, Las Cruces, NM, 88012 earns $478/mo cash flow from $2,796/mo rent with a $1,933/mo payment. Total monthly income totals $2,796/mo, and annual cash flow totals $5,735/yr on $130,943 capital. ROI tracks 24.29% on current figures, and rental yield reads 8.49% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash sums $164,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,796/mo property income instead of your personal income.
Single Family
Built in 2008
7,840 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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Listed by: Steve Barrett • Steve Barrett Real Estate, Inc
Mls Name: SNMMLS
Mls ID: #2502733