5351 Cristo Rey StLas CrucesNM88032
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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 5351 Cristo Rey St, Las Cruces, NM, 88032 uses $132,269 cash to close to unlock $2,880/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $2,582/mo, and a $1,953/mo payment keeps the spread at $240/mo. Purchase price stands at $399,000, and rental yield measures 7.77% with $2,582/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 114.09% and total cumulative return in cash records $150,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,582/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88032, Dona Ana, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 283 (71.5%) |
| Renter Occupied HU | 46 (11.6%) |
| Vacant Housing Units | 67 (16.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $197,765 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
48
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Listed by: Christina Melendrez • EXIT Realty Horizons
Mls Name: SNMMLS
Mls ID: #2502848