679 Mesa Point RdLas 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 679 Mesa Point Rd, Las Cruces, NM, 88011 priced at $437,800 converts $2,376/mo rent into after a $2,143/mo obligation. Total monthly income equals $2,376/mo. Return on cash invested prints 18.03% in year one, and rental yield reads 6.51% against a $437,800 entry. Equity gained on principal adds $2,825/yr, while 5% annual appreciation compiles into $120,956 by year five. Five-year ROI reaches 92.44% and total cumulative return in cash sums $134,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,376/mo property income covering a $2,143/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.25 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
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Listed by: N/A • N/A
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