5103 Kensington WayLas 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
Rental property for sale in Las Cruces at 5103 Kensington Way, Las Cruces, NM, 88012 offers $1,924/mo rent that, after a $1,261/mo payment, leaves $412/mo cash flow. Total monthly income is $1,924/mo, and annual cash flow is $4,941/yr on $85,428 cash. Return on cash invested measures 25.69% in year one, and rental yield stands at 8.96% at a $257,700 entry. Equity gained on principal adds $1,663/yr while 5% annual appreciation compounds into $71,198 by year five. Five-year ROI records 133.44% and total cumulative return in cash reaches $113,991. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,924/mo property income versus a $1,261/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
8,973 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: N/A • N/A
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