6805 Ojai Ave, Las Cruces, NM, 88012 | $309/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2050 sft

2067 Stithes Rd, Las Cruces, NM, 88005

4 Bed
2 Bath
2090 sft

2168 Bisbee Ct, Las Cruces, NM, 88001

3 Bed
2 Bath
2120 sft

3031 Cheyenne Dr, Las Cruces, NM, 88011

3 Bed
3 Bath
1967 sft

5080 Chiricahua Trl, Las Cruces, NM, 88012

Nearby investment properties with comparable prices

3 Bed
2 Bath
1747 sft

1031 Corte Aguila #XIPLG5, Las Cruces, NM, 88011

3 Bed
2 Bath
1819 sft

2014 N Park Dr, Las Cruces, NM, 88005

3 Bed
2 Bath
1740 sft

3050 Executive Hills Rd, Las Cruces, NM, 88011

- Bed
- Bath
- sft

4029 Pacific Loop, Las Cruces, NM, 88012

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Las Cruces at 6805 Ojai Ave, Las Cruces, NM, 88012 priced at $434,600 pairs $2,886/mo rent with $309/mo cash flow after a $2,127/mo payment. Total monthly income equals $2,886/mo, and annual cash flow comes to $3,706/yr on $144,070 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 7.97% on a $434,600 basis. Equity gained on principal adds $2,804/yr, and 5% annual appreciation accumulates to $120,072 by year five. Five-year ROI measures 116.3% and total cumulative return in cash reaches $167,551. For financing, Ziffy Mortgage’s DSCR program evaluates $2,886/mo property income against a $2,127/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2019

6,969 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