5092 Minniec RdLas CrucesNM88011
Nearby investment properties with comparable rents
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
Rental property for sale in Las Cruces at 5092 Minniec Rd, Las Cruces, NM, 88011 priced at $338,000 pairs $2,400/mo rent with $416/mo cash flow after a $1,654/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $4,997/yr on $112,047 invested. Return on cash invested is 24.37% in year one, and rental yield stands at 8.52% on a $338,000 basis. Equity gained on principal adds $2,181/yr, and 5% annual appreciation accumulates to $93,383 by year five. Five-year ROI measures 126.36% and total cumulative return in cash reaches $141,578. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,449 (100%) |
| Owner Occupied HU | 9,437 (57.4%) |
| Renter Occupied HU | 5,793 (35.2%) |
| Vacant Housing Units | 1,219 ( 7.4%) |
| Median Home Value | $350,120 |
| Average Home Value | $396,254 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kent B Davies • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2500920
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.