5157 San Carlos CtLas CrucesNM88011
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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 5157 San Carlos Ct, Las Cruces, NM, 88011 priced at $475,000 pairs $2,791/mo rent with $3/mo cash flow after a $2,325/mo payment. Total monthly income equals $2,791/mo, and annual cash flow comes to $34/yr on $157,463 invested. Return on cash invested is 19.93% in year one, and rental yield stands at 7.05% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 102.54% and total cumulative return in cash reaches $161,455. For financing, Ziffy Mortgage’s DSCR program evaluates $2,791/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
9,583 sqft 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
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Listed by: April M Hernandez • New Mexico Properties
Mls Name: SNMMLS
Mls ID: #2502950