501 E Thorpe RdLas 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 501 E Thorpe Rd, Las Cruces, NM, 88007 listed at $140,000 pairs $0/mo rent with a $685/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.33% in year one, and rental yield registers 0% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1979
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Benjamin T Abeyta • RE/MAX Classic Realty
Mls Name: SNMMLS
Mls ID: #2500762
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.