6950 Raasaf Dr, Las Cruces, NM, 88005 | 6.84% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,482/mo, and a $1,272/mo payment. Purchase price stands at $259,900, and rental yield measures 6.84% with $1,482/mo rent. Return on cash invested shows 19.3% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 99.21% and total cumulative return in cash records $85,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,482/mo property income covering a $1,272/mo payment rather than investor’s personal income.

Single Family

Built in 1998

0.89 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,190 (100%)
Owner Occupied HU	7,062 (57.9%)
Renter Occupied HU	4,000 (32.8%)
Vacant Housing Units	1,128 ( 9.3%)
Median Home Value	$251,488
Average Home Value	$293,529